A general ledger is the heart of a financial system, every company needs one. It is primary tool for recording the company's business transactions, calculating its profit or loss, and tracking its assets, liabilities, and owner's equity. Supported by a powerful user controlled report writer our system generates financial reports that are used by management inside the business, and reports that are generated for those that do not work in the business each day. Such as bankers, investors, corporate owners, or partners. Our ledger supports all forms of organization proprietorship, partnership, limited liability company, corporation, or s-corporation.
We provide detailed and powerful support for budgeting and can report against multiple budgets. Our budget system is a cornerstone for establishing a sound system of responsibility and control. We support cash or accrual accounting. Some customers use both, as they find the cash basis system to be a powerful management tool in businesses that are more cash aware.
As you would expect from AMS our other financial systems: accounts payable, accounts receivable,vineyard management, fixed assets, and purchase orders are fully integrated with the general ledger.