G/L FUND ACCOUNTING

General Ledger is the heart of the DAPREX/400 Fund Accounting applications. It validates and collects data from all the integrated systems, resulting in a comprehensive database for all financial analysis. The ability to run monthly as well as interim financial statements enables management to keep a finger on the pulse of the ever-changing financial status. Current, historical, budget and forecast data is maintained for comparative reporting.

The General Ledger's flexible framework lets you mirror your own structure, providing the means by which to present data according to internal & external reporting requirements. A comprehensive set of on-demand reports and inquiries combined with a powerful, yet easy-to-use system, furnishes crucial financial information on an as needed basis. Complete integration with the other DAPREX applications assures accurate and timely recording of financial information.

MANAGEMENT TOOLS

• Multi-fund, divisional, departmental and job structure
• Standard chart of accounts shared by all entities
• Variable fiscal years for individual funds
• Automated inter-fund accounting
• Multifaceted reporting
  • 999 user-defined financial statement formats
  • Report cloning capability
  • Multi-level detail and summary listings
  • Variable consolidations
  • Fiscal year crossover reporting
  • Comparative reporting - current versus prior year
  • Predefined report selections and descriptions
  • User-defined financial analyses for ad hoc reporting
  • Report Writer
• Immediate access to inquiries
  • P&L and Balance Sheet - multi-level
  • Account detail
  • Subsidiary journal detail
  • Drilldown to journal entry detail
• Comprehensive budget sub-system
  • Multi-year budgets/forecasts with allocation options
  • Detailed monthly budgeting by account
  • Forecast revision entry and history
  • Multiple forecast versions
  • Budget/forecast cloning with % increase/decrease
  • Ongoing update of actual to forecast
  • Reporting includes actual vs. budget, actual vs. forecast and budget vs. forecast
  • Predefined report selections and descriptions
• Automatic or manual allocation of expenses across cost center boundaries
• User-controlled fiscal closing and reopening cycle with automatic regeneration of opening balances
• Security module limits access by user/menu option and Fund/Division/Department/Job/Account

FUNCTIONS

• On-line verification of all input
• Multi-period processing
• Standard, recurring and automatic reversing entries
• High speed data entry via contra account processing
• Automatic or manual allocation of G/L entries across fund/divisional/departmental/job entities
• Detailed account audit trails
• Interim financial statements

REPORTING

• Chart of Accounts
  • Actual, budget and forecast listings
• Detailed General Ledger
  • Available for any contiguous period
  • Select accounts, journals and/or JE descriptions
  • Prior month balance forward option
• Trial Balance
  • 12 month spread analysis for all or selected accounts
  • Fund, divisional, departmental and job listings
• Financial Statements
  • Balance Sheet
  • Net Revenue/Loss statement
  • 2 year comparative data
  • Selective or full consolidation
  • Divisional, departmental and job level P&Ls
  • Complete supporting data
  • One step selection of all reports for processing
  • User defined report descriptions
• Budgeting
  • Monthly budget variance
  • Actual/budget performance analysis with quarterly projections
  • Actual vs. budget, actual vs. forecast and budget vs. forecast comparative reporting
  • Budget worksheet
  • Budget change history
• Encumbrance reporting