Module Accounting |
PANTHEON's general ledger with subsidiary accounts offers automatic or manual posting of business events. Most posts are created automatically according to defined templates. Subledgers are fully integrated into the general ledger, and data needs to be entered only once. Posting is made even easier with the use of distribution keys, following defined templates. PANTHEON already includes a preset chart of accounts, which can be customized as desired, as can be the templates for automatic posting. Financial statements contain preset templates and formulas for producing the balance sheet and income statement according to periods, departments, and cost drivers, and in comparison with previous periods. Monitoring reports of automatic posting and unbalanced journal entries are useful in finding posting errors. The closing and opening entries can be created automatically under the menu item End year. |