General Ledger

With transaction based automation of workflows Cloud9 ensures that all transactions with accounting implications are automatically posted to their relevant General Ledger Accounts (pre-designated on set –up)

• Real-time updating of all Nominal Accounts
• Seamlessly integrated with Accounts Receivable, Accounts Payable,
• Invoicing, Inventory and Bank
• Ability to drill down from General Ledger to all elements of the enterprise
• Automatic calculation of stock accruals and credits
• Up-to-the-minute Trial Balance and Financial Account Reports
• Cost Centre Identifier
• Extensive Financial Reporting on Revenue and Cost Centres 
• Multiple Bank Accounts (multi-currency) Management Units/Cost Centre Accounts
• Journals createdautomatically by system e.g. approve payment, approve dispatch note 
• No restriction on forward posting
• Option to hold transactions and  period balances indefinitely
• Individual Trading, Profit & Loss Reports on Management Centres
• Full audit trail with cross-references to source entities
• Trading analysis
• Separate end of period runs for Trading and Nominal Accounts