Agate III's Financial Processes

Agate III's General Ledger Commands

Overview

The General Ledger's process mirrors manual accounting procedures, making it easy to learn and use.

Journal entries are manually entered and recorded into journals.
Journals are posted to ledgers and a trial balance is prepared. (Journal entries are also automatically posted from other Agate III systems.)
Accounts are analyzed and reconciled.
A balance sheet, profit and loss statement, and other financial reports are prepared.
The accounting period is closed, including closing revenue and expense account balances to retained earnings at year end .

The general ledger's chart of accounts, financial reports, profit centers, accounting periods, journals, and organization structure are customized to fit an organization's requirements. The system easily adapts to evolving business requirements.

Accounts can be scheduled by control id, a unique Agate III process that retains and reports journal entry activity supporting an account balance.

Cash accounts can be reconciled with bank statements.

Recurring journal entries can be entered once, and used each accounting period.

Drill down to journal detail from financial statements.

Drill down to supporting source document images from all journal detail reports, creating a truly paperless environment.

Commands

The General Ledger Guide, prepared in Microsoft Word format, provides a complete description of the following commands. It may be downloaded if you prefer reviewing information in printed format.

Maintain unposted journal entries

List unposted journal entries

Post unposted journal entries

Post a journal entry from a spreadsheet

Post a journal entry to a closed, prior period

Scheduled Accounts

List schedules - 1 to 15 columns

Delete balanced entries from schedules