General Ledger Overview
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.
Allocation Codes to Distribute Expenses: You can set up Allocation Codes to distribute expenses among different accounts (see Distributing Money to Multiple Accounts (Allocation Codes)).
Budgets for Specific Accounts: You can define budgets for specific accounts and keep track of your spending (see Setting Budgets for Your Accounts).
Interface Codes: You can use customized codes to define where and how transactions are posted (see Interface Codes).
Published date: 10/23/2019