The IHMS General Ledger Module, an accrual based double entry
system, is the nucleus of the home builder accounting
process, and is the core of the Integrated Homebuilder Management
System. The General Ledger Module provides not only sound financial
reporting, but SOX (Sarbanes-Oxley) compliant peace of mind.
General Ledger is a true multiple-company, multiple-period
system, allowing activity to proceed into new months
even though prior periods may still be open. Unlimited transaction
history and date-based reporting give home builder accounting
personnel unlimited flexibility in transaction analysis, reporting
and financial statement generation.
For complex financial statements, the IHMS Financial Statement
Report Writer allows free-format user defined accounting statements
of any kind, including consolidated statements. Additionally,
since the IHMS data base is industry-standard SQL, any common
report writer can access financial statement data directly from
the data base.
Of course, while IHMS follows the Chart of Accounts guidelines
from the National Association of Home Builders, your Chart of
Accounts is completely user definable. The end result is an enterprise
home builder accounting system designed to work the way.
More About MARK SYSTEM Homebuilder Accounting