The GL is the focal point for all financial transactions.
- Prior period processing
- Multiple periods open
- Drill down to source transaction detail
- User defined income statement, balance sheet, and cash flow formats using powerful report writer
- Supports multiple accounting periods
- Streamlined period and year end closing
- Budget maintenance
- General, recurring, reversing entries
- Automatic or manual posting
- Detail or summarized transactions
WinMAGI’s general ledger is the focal point for all financial transactions and presents them in a series of financial reports. You can drill down from summary to detail. Using the financial report writer, the user can create custom reports that can be exported to Excel.
The financial information is updated real time or batch. In either case, you don’t have to enter the transactions — the system takes care of that for you.