General Ledger
Use the General Ledger module to add financial accounts, create and post journals to the general ledger, create financial budgets, net revenue forecasts, and cash flow forecasts, and generate financial reports.
To perform these transactions, must have access to Finance & Administration as defined in the Employee Cross-Company Access submodule under Settings.
- Related Topics:
- Chart of Accounts
Use the Chart of Accounts submodule in the General Ledger module under Finance & Administration to view and manage the accounts in your General Ledger. - Journals
Use the Journals submodule in the General Ledger module to create, cancel, copy, and reverse journals and journal entries, and to add and remove journal approvers. - Project Posting
The Project Posting submodule under the General Ledger (GL) module accounts for 80% of all journal entries (project postings) to the GL. These entries include supplier invoices, expense claims, time entries, materials, work-in-progress (WIP) adjustments, sales invoices, intercompany reconciliations, and job closures. - Posting Search
You can search for any journal or transaction that has been posted to the general ledger in the Posting Search submodule under the General Ledger module. - Financial Budget
The Financial Budget submodule under the General Ledger module allows you to create budgets for a fiscal year based on accounts and dimensions, and compare these budgets to the actual amount incurred or realized. - Cash Flow Forecast
WorkBook's Cash Flow Forecast submodule under the General Ledger module is a powerful tool for accurate, short-term cash flow forecasts, typically one to four months. It automates the time-consuming elements of a cash flow forecast, and then supplements it by manual inputs. - Net Revenue Forecast
The Net Revenue Forecast submodule under the General Ledger module is a very powerful tool that provides the best possible forecasts for a given fiscal year. It combines actuals from Finance & Administration with forecast data from the Price module (in Jobs) and Pipelines module (in CRM), and then provides an Excel-like environment where you can change forecast values on the fly. - General Reporting
The General Reporting submodule under the General Ledger (GL) module enables you to display, download, and share GL reports in different formats.
Parent Topic: Finance & Administration