                | |  PropertyManagement -General LedgerYour businessdecisions depend on sound fiscal information. If the ledgers supportingthat information arent carefully maintained, then your decisions losevalidity, and you lose money, tenants, credibility, and more. Thats whyGold was designed with an accounting framework that manages every fiscaldetail with textbook precision. Tight systemintegration allows you to enter information once to distribute it throughoutthe software. Golds General Ledger, the backbone of the system, offersthe following features: - 25-character accountswiththree prefixes, a base, and a suffix allow fiscal reporting by entity (suchas owner, property, division, etc.).
- Multiledger accountingstructureallows tracking of multiple fiscalentities and profit centers for easy, detailed, and consolidated financialreporting.
- Simultaneous cashand accrual data storageallows accrual methodaccounting and cash method reporting.
- Unlimited budgetsfor future yearsallows up to 10 budget typesper year.
- Owners accountprovidesan alternative number for each account. Produce reports using the accountnumbering scheme of joint venture partners, lending institutions, or governmentagencies.
- Open/close periodsasneeded (security permitting).
- Account activitystoragefor up to 23 previous periods andsix future periods.
- Prior period adjustmentallowsyou to edit prior period transactions. You can even make adjustments forthe prior year.
- Recurring entries,auto-reversing entries, and expense allocationsautomateredundant tasks.
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