WebLedger Professional Web-Based Accounting
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THE WEBLEDGER SERVICE
General Ledger

Web Ledger is designed to empower your company with unprecedented functionality and management control. In fact, most of the accounting entries from system documents are automatically and instantly managed in the background.

  • Versatile General Ledger structure can support any Chart of Accounts including sub-ledger accounts
  • Account name and Account number up to  (30 alpha-numeric), supports typically 5 segments.
  • All accounts required to support Web Ledger internal workflows are automatically created.
  • Implements monthly periods with automatic closing based upon Business Activity Statement reporting requirements..
  • Can have up to 24 active periods open simultaneously
  • Maintains two full years of on-line and data and archives unlimited number of historical years
  • Supports on-line balance and account inquiries and can show linked detail to the sub-ledger
  • Performs automatic error trapping to ensure data integrity; allows only balanced postings to valid accounts. All Ledger transactions use enterprise database referential integrity, transaction control and recovery, if an error is encountered then the transaction is simply undone and the problem automatically logged.
  • Includes diagnostics to find those manual journal errors which produce out-of-balance reports
  • Supports OECD defined system integrity requirements and SAF-T Audit files.
  • Multi-user, simultaneously accessible journals
  • Post transactions to any open period: past, present or future
  • Flexible account identification, can be any alpha numeric combination to suite your business. Default is numeric.
  • Franchise, or group operation support with Multi-company account consolidation.