Of all the Excel tools, the PivotTable provides the most effective way to analyze your company's
general ledger data because it enables you to slice, dice, drill, group, analyze, compare, chart, and mine those data across multiple accounts, departments, locations, months, or years to ferret out meaningful trends and observations.
Because many companies probably haven't implemented XBRL-GL, the XBRL standard that simplifies the process by embedding XBRL tags to GL data, they should evaluate adopting it for their
general ledger ERP systems.
Taylor said in an interview that the monitoring system needs to examine HR systems, financial systems, the
general ledger and possibly stand-alone applications from software providers like Equity Edge and Boardroom Software.
Eric Cohen, the Global XBRL technical leader at PricewaterhouseCoopers and founder and chair of the XBRL GL Working Group, says interest is increasing for standardized information for representing the data that comes from operation systems, flows through the
general ledger and is summarized for financial, tax and other business reporting purposes.
And they do publish a newsletter, The
General Ledger, a monthly which comes with AIPB membership.
Breaking out discrete items at the book level may not be possible, he said, adding that changes to the
general ledger system will be extremely costly.
The accounting part of the software includes stock control, sales orders, purchase orders, sales ledger, purchase ledger, nominal ledger, stock assemblies,
general ledger, Euro-ready muliticurrency and multilayering for budgets and projections.
In their voluminous catalogs of quotation, the first four chapters can read like an early modern merchant's day journal or
general ledger, merely recording detail without analyzing it.
OptiVision will be integrated with Sonoco's existing PeopleSoft financial system that includes accounts receivables, accounts payables, and
general ledger. The system is should begin operation in 2003.
HUD uses HUDCAPS as its core financial management and
general ledger system.
DTBusiness, a Web-based technology company, has developed L.A.W.S./Pro, an application that provides attorneys with anytime, anywhere access to the functions needed to run their firm, including calendaring; case management; invoicing; back office accounting -- accounts receivable, check writing,
general ledger, trust processing; document management and storage; secure email; and legal research.
The
general ledger account number properly classifying the expense as T&E.