ONE SOURCE FOR EVERY FINANCIAL TRANSACTION
The IHMS General Ledger Module, an accrual based double entry system,
is the nucleus of the accounting process within
MARK
SYSTEMS homebuilder accounting software. The General Ledger Module
provides not only sound financial reporting, but SOX (Sarbanes-Oxley)
compliant peace of mind. The General Ledger is used to record and file
business transactions and captures data from the every transaction module
within
MARK SYSTEMS' IHMS home builder software,
including
Accounts
Payable,
Job
Cost,
Cash
Receipts,
Financial
Statements,
Work
Orders and
Purchase
Orders,
Accounts
Receivable,
Land
Development,
Construction
Loan modules..
MULTI-COMPANY, MULTI-YEAR CONVENIENCE IN ONE DATA BASE
Both single and mulit-company journal entries can be made with optional
reversing dates for accrual entries, etc. Designed for home builders of
any size,
MARK SYSTEMS
IHMS home builder accounting supports every type of financial transaction.
For example, users can define recurring journal entries (and recurring
invoice entries) that post automatically each month or allocating entries
that will automatically take the balance Journal entries can be made with
optional reversing dates for accrual entries, etc.
UNLIMITED PERIODS, UNLIMITED YEARS, UNLIMITED TRANSACTION VOLUME
The General Ledger is a true multiple-period system, allowing activity
to proceed into new months even though prior periods may still be open.
For time-specific reporting, all reports request the beginning and ending
date to be used. Based entirely from user-established chart of accounts,
the IHMS General Ledger features the following:
