Costpoint Online Help

Using the Help Search
Using the Help Search
  • Phrase:Returns all topics that contain the exact phrase in the search criteria. Use quotation marks around the phrase.
    Ex."system administration"
  • And:Returns all topics that contain all the words in the search criteria, in any combination. Insert a plus sign between all words in the search criteria.
    Ex.system + administration
  • Or:Returns all topics with any combination of words in the search criteria. This is the default.
    Ex.system administration
For more information:Searching Online Help

General Ledger

Use General Ledger to customize your system's charging structure. You can define your own account numbers, segments, organizational structures, and hierarchies.

Financial Statements

With General Ledger, you can maintain multiple user-defined financial statement presentations for balance sheets and income statements. You can structure reports such as the Trial Balance, G/L Detail, and G/L Posting Summary by the following categories:

  • Organization
  • Alternate reporting structure
  • Reference number
  • Financial statement line

Trend reports, budget information, inquiries, and bank reconciliations are just a few of the other features available in General Ledger.

Journal Entries and Bank Reconciliation

You can set up Journal Entries with specific recurring or reversing information for each entry. Use the recurring or reversing capability to establish a cycle (for instance, monthly or quarterly) for each recurring entry, or to specify the future period in which a reversing entry should occur. This process streamlines regularly occurring entries by eliminating repeated manual entries.

With the bank reconciliation functions offered by General Ledger, you can easily reconcile bank accounts and print the related reports in Costpoint. Costpoint evaluates intercompany transfer activity and creates "Due To/Due From" journal entries at the balance sheet level.

Data Entry Controls

General Ledger gives you unparalleled control of your accounting system, enabling you to reduce data entry errors. With General Ledger, you can create the following parameters:

  • Specify which organizations can charge to specific accounts and when specific accounts and organizations expire.
  • Establish how many accounting periods can remain open simultaneously.
  • Determine a data entry cutoff by setting certain accounting periods, or perhaps just certain modules within a single accounting period, to a "Not Available" status.

Use General Ledger, in conjunction with the rest of the system's modules, to get the flexibility you need to operate efficiently in today's business environment.