General Ledger Software – MYOB Acumatica(formerly MYOB Advanced) Module
The General Ledger Software module (GL) in MYOB Acumatica(formerly MYOB Advanced) provides a central repository for collecting and analyzing your financial information. Need to consolidate all your company information including reporting and analysis, even across multiple entities?
Entries can be made directly into the General Ledger or they can be made from other application modules and then posted to the General Ledger software module. Learn more here.
MYOB Acumatica(formerly MYOB Advanced), General Ledger Software Module consolidate all your financials.
- Structure your accounts flexibly
- Protect your sensitive data
- Consolidate data across multiple entities and branches
- Advanced reports and analytics at your fingertips
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One Cloud-based Software, all of your Business
Simply, connect and scale further with MYOB Acumatica(formerly MYOB Advanced). Discover how other businesses just like yours are leveraging the software.
- One, integrated solution to run all your business
- User-friendly, scalable and cost effective
- Simplified pricing and enhanced functionalities
Features of the General Ledger Software Module in MYOB Acumatica(formerly MYOB Advanced)
Flexible GL Account and Sub Account Structure
MYOB Acumatica(formerly MYOB Advanced) allows you to define the structure of your General Ledger accounts and sub accounts. By defining segments, segment lengths, and segment values, you can meet your reporting and analytical requirements. You can easily extend your account structure and change account values after your initial implementation. Changes are immediately reflected across the system.
Account and Sub Account Security
MYOB Acumatica(formerly MYOB Advanced) allows you to control which users and roles can view and create transactions for specific General Ledger accounts and sub accounts in order to protect sensitive data and improve the accuracy of data entry. Use the “on-the-fly” entry feature to restrict the list of available sub accounts based on pre-defined combinations of segment values. This simplifies order entry for complex sub account structures.
GL Consolidation
MYOB Acumatica(formerly MYOB Advanced) allows you to import financial data from different entities to create consolidated financial reporting and analysis. The import process works even if entities keep their books in different currencies or have different account and sub account structures. Corrections for minority interests, inter-company transfers, and other transactions are preserved inside the consolidating company ledger so they are not affected with subsequent consolidations.
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