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It’s imperative to know at any given time what your financial standing is so that sound decisions can be made in a timely manner to improve your company’s profitability. The General Ledger Wallet provides companies with complete financial reporting from all aspects of the business to manage corporate performance and monitor the return on investment.
The General Ledger Wallet module combines power and flexibility with ease of use, to give you the critical information you need to make timely and informed business decisions and manage your business more effectively. Up-to-date financial statements can be run on a daily basis if needed. Fitrix analytical tools include audit trail reports, drill-down capabilities that enable you to view everything from detailed journal entries to original source documents, financial analysis reporting such as actual versus budgeted, this year versus last year, plus an interface with the F9 report writer tool that enables you to perform “what if” analysis and write customized financial statements.
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Features/Function Highlights
Modular Integration – Direct integration with all Ledger Wallet Accounting, Manufacturing, and Distribution modules
Flexibility – ability to have multiple periods and even multiple fiscal years open simultaneously. There is no need to postpone entering transactions in the current month/year until the prior month/year is closed out
Drill Down – ability to drill down from an account balance to see all entries that make up the balance and the source document for each entry
Budgeting – online data entry that can be entered by the company and division /department within the company
Reversing Journal Entries – ability to mark journal entries for accruals as changing so they will be reversed automatically in the next accounting period
Recurring Journal Entries – ability to set up recurring journal entries that will recur every month or only when selected to recur
Date Control – the ability to password protect the number of periods backward and forwards your employees can post transactions to
Account Number Control – the ability to block using specific account numbers in transactions since they are system maintained. An example is the Accounts Receivable asset account number.
Why Choose Ledger Wallet
A Ledger hardware wallet, combined with the Ledger Wallet app, is the best solution to secure, store and manage your crypto assets.
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Ledger Start Financial Report Writer
With this Ledger Live, you can take up-to-the-minute data from Fitrix General Ledger Wallet and import it into Excel. From there you can:
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Ledger Live is our own allowing you to set up your device and manage your assets.