General Ledger

Multi Company

  • Unlimited No of Companies 
  • Charter of Accounts Unique  or  Common  to each company as per user requirement 
  • Cross Company Consolidation 
  • Distributed / Holding  Subsidiary company  Structure 
  • Supports Multi Currency Transaction. 
  • Supports both Indian & US GAAP 
  • Enables Multi-currency reporting.

Charter of Accounts

  • User defined charter of accounts 
  • Unlimited hierarchical levels of account grouping 
  • Unlimited hierarchical definition of Profit Centers, SBU - we call level reference code base on which double entry accounting is maintained ie you can get Trial Balance, Profit & Loss Account in respect to each level reference code.

Voucher Entry 

  • User defined voucher types 
  • Cash / Bank  & Journal Voucher 
  • On-line / Batch Posting of vouchers 
  • Automatic Posting 
  • Integrated with all other MACS  Modules.

User Defined Audit Schedule Reports 

User Defined Profit and Loss formats 

User Defined Balance Sheet Formats.

Bank Reconciliation 

Gains and Losses analysis on Foreign Currency Transaction.

All  Ledgers and Sub-ledgers