General Ledger

Overview

High end financial features such as live profit and loss report right on your screen, charting performance trends and ratios with extensive customisation capabilities
Tight Control over Financial Period.
Roll Base Security in isolating what user has access to the financial module.
Audit Trail, limited for Financial Accounts
Drill down Back to Source Transaction.
Full set Standard Account Reports. Best practice is to download extras from the store eg (All sites), (multiple sites)
Flexible Tree Bass Chart of Accounts. Use View of Accounts with Balances on the Profit & Loss tree view
GST Reporting using GST Items and GST Batch
Standard and Auto Reversing Journals.

Readysell runs a Perpetual Stock Inventory System, not a Periodic Inventory system.

The periodic and perpetual inventory systems are different methods used to track the quantity of goods on hand.

The topics in this section provide you with information about how to use the General Ledger functionality within Readysell.