General Ledger The Minotaur General Ledger module maintains your company's master ledger, giving you a precise, up to date, comprehensive financial picture. Transactions posted throughout the system are automatically recorded in detail in the General Ledger. Financial Statements are available for any date or period, and can include previous year and budgeted figures and percentages. Control is built into the Minotaur system, with complete audit trails, flexible audit dates with password protection, and user-operated compression programs. The result: Minotaur gives you unprecedented access to complete, accurate, and up to date financial information, enabling you to make the informed, intelligent, and timely business decisions needed to ensure your corporate success.   Important Features Produces accurate detailed Financial Statements Multi-Currency capability Budgeting for ledger accounts for flexible periods No forced Year End or Month End procedures Maintains full ledger data on system indefinitely, until compressed by user Accurate Financial Statements for any date or date range. Statements can be backdated to any date you wish. Reports include Balance Sheet, Income Statement, and Trial Balance. Income Statement includes current, last year, and budget figures, and percentages. Budgeting for ledger accounts for flexible periods. Budgets show on Financial Statements, prorated to selected date range. All transactions automatically post to correct accounts. System will not allow unbalanced transactions. Maintains full Audit Trail for all postings to the ledger. Allows complex Journal Entries with unlimited debit and credit postings. Break accounts into sub-accounts, or consolidate accounts into umbrella accounts for reporting. Issue Manual Cheques, and record Bank Deposits or miscellaneous deposits. Ledger Cheques can be allocated to any number of expense or other accounts. Handles Bank Statement Reconciliation, for any number of bank accounts. No forced Year End or Month End procedures. Budgeting for ledger accounts for flexible periods. Budgets show on Financial Statements, prorated to selected date range. Audit Dates can be Password protected. Can run summarized reports by Journal, or in full detail. Maintains full ledger data on system indefinitely, until compressed by user. No time or size limitations. Automatic GST Remittance Report. Tracks PST and other taxes for remittance.   Click here to download printable version in PDF format

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