General Ledger

Designed specifically for nonprofit and government organizations which comprise the public sector,FundWare General Ledger serves as the heart of your financial application and the central point for all monetary reporting. It delivers enhanced inquiry flexibility, powerful analysis tools, and robust reporting options you need to adhere to strict budgeting and financial performance tracking.

Packed with the functionality you need to “get above the details,” General Ledger delivers features not available anywhere else, like multi-year reporting, online budget control, security features, and more than 60 standard reports. It serves as the foundation and offers seamless integration to allFundWare modules, delivering robust cross-application security, online budget control and help, and graphical report writing. Fully compatible with allFundWare applications and other customized applications within your organization,FundWare General Ledger is the tool for complete financial management of all fiscal information.

Highlights

• Achieve true fund and encumbrance accounting for your nonprofit and governmental environment.
• Easily cross fiscal years for detailed financial reporting and online inquiry, with access to historical transactions for an unlimited period of time.
• Maintain unlimited open periods and fiscal years.FundWare’s security allows you to specify valid periods for posting.
• Reopen your past fiscal year for audit adjustments, and close again as often as necessary.
• Import transactions into General Ledger from any application, including 3rd party applications, customized solutions and Microsoft® Excel.
• Post budget transactions in detail, providing online budget control, detail historical reporting, and full budget audit trail.
• Post units as well as dollar amounts-ideal for posting statistical outcome-based information or hours worked, as automatically provided by the FundWare Payroll application.
• Achieve true multi-user environment that posts all accepted transactions online, real-time. Mid-month reports and online inquiry reflect up-to-the-minute financial information.
• Group accounts in unlimited user-defined categories usingFundWare’s powerful “attributes,” create reports, grouping financial information by program-type, fund-type, grant/contract-type, and manager.

	FundWare General Ledger Delivers Cross-Application Functionality and Web Connectivity Online budget control inFundWare Accounts Payable and General Ledger. Three user-defined thresholds allow you to determine budget control warnings and lockouts as users enter invoices, purchase orders and even requisitions. Security features for allFundWare applications. Extensive cross-application security limits user access to functions, buttons, and menu options. In addition, security groups allow easy maintenance and ensure access consistency by job type. Cross-Application Graphical Report Manager, which is the centralized reporting manager, lets you create, manage, and run reports in a GUI environment with easy-to-use drag-and-drop buttons. Extensive online help, with standard Windows® find and search commands. In addition, all User Guides are cross-referenced and electronic, allowing you to answer your questions quickly. Remote connectivity over the Web through Microsoft® Terminal Server or Citrix® Metaframe™ environments.
	Online Inquiry With Endless Flexibility While ease of use and functionality are important in an accounting system, the reporting system is often one of the most critical components. A system must be able to easily extract the data in an understandable report format. Because of the comprehensive reporting needs of the not-for-profit market, FundWare has created several reporting tools to handle these extensive requirements. Additionally, reports must be able to cross calendar years or fiscal periods so users can easily obtain critical information.
	Allocate Costs Using Predetermined Percentages Although more robust dynamic allocation functionality is provided in the FundWare Allocation Management application, the General Ledger easily allocates costs using predetermined percentages across funds or within funds, usingFundWare’s powerful masking (X) functionality.
	Online Drill-Down of Budget, Actual, Encumbrance and Commitments Award-winningFundWare General Ledger shows you the full picture at your fingertips! Drill down to transaction detail for Budget, Actual, Encumbrance, and Commitment transactions for any period in time, with no fiscal-year constraints, leaving a tight audit trail that is unsurpassed.
	Flexible Year-End Close OptionsFundWare’s endless flexibility is reflected in year-end close. Easily close revenues and expenses to multiple fund balances, close by fund or a group of funds, reopen last fiscal year for audit adjustments, and then perform final close. Security options, not software limitations, let you control valid periods for posting!
	Online Budget Control in Accounts Payable and General Ledger With General Ledger, online budget control allows you to actively manage your budget when entering General Ledger entries or obligations in Accounts Payable. Now as users enter invoices, purchase orders and even requisitions,FundWare provides you immediate notification related to budget thresholds. User-defined thresholds allow you to determine at what percentage (or fixed amount) you want messages or error-lockout to occur. Use your budget as it was intended, as a tool to eliminate over-expenditures.
	Cross-Application Online Help Links to Electronic User GuideFundWare’s online help allows you to answer even the most tedious questions quickly and efficiently. Simply type the first few letters of the subject you are looking for and FundWare does the rest!
	Cross-Application Security That Even Your Auditors Will Appreciate! FundWare provides the security environment you need to ensure proper separation of duties and information access. Group security allows easy maintenance for adding and removing users, and ensures access-consistency by job type.

Summary
FundWare General Ledger serves as a robust, feature-rich foundation for the FundWare suite of products. This award-winning application provides you the functionality you need for more informative online analysis and financial reporting. The flexibility of FundWare General Ledger provides a stable foundation for current operations as well as future growth. Full integration among the FundWare suite of applications as well as external 3rd party products allow you to consolidate all financial activity easily and thoroughly. Specialized to meet your nonprofit and governmental financial requirements,FundWare General Ledger is designed for effective management of programs, grants, contracts and services, as well as your daily activities.

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