If you integrate other Denali modules to General Ledger, the financial information for your business is stored in General Ledger (see
Setting Up the General Ledger Relationship with Other Modules). The system draws crucial reports, such as the Profit and Loss and Balance Sheet, from this stored information. General Ledger also creates a complete log of the account history for your business (see
Audit Trail Report). It is common to have ledgers or books for specific areas of a business, such as accounts payable, assets, or accounts receivable. The information from all these areas, or modules, is transferred and recorded together in General Ledger.
Denali has many valuable features that provide flexibility and security to your business. General Ledger is the core financial module of your accounting software. Taking advantage of all that General Ledger has to offer can help you stay informed of the financial status of your business. The following list presents just a few of the features that are specific to the General Ledger module.