The General Ledger is the pivotal accounting module of TOPS v3.2.1™. Our general ledger module uses real-time accounting, automatically updating the GL with the transactions performed in any subsidiary accounting module. The General Ledger offers these popular benefits:

• Define your own chart of accounts or copy one from another association. Cost codes may be defined for advanced department/cost center tracking.
• Define a budget for each charge code, with the ability to review the prior year’s actuals for more accurate budgeting. Maintain three years of budgets (previous, current, and next) and copy budgets from previous years.
• Quickly look up and print a full transaction history for each account in your chart of accounts; or narrow the view down to a date range to review activity during a certain period.
• Perform one-time and recurring journal entries. Journal entry batches allow you to save journal entries prior to posting, so they can be reviewed and confirmed before they are implemented.
• Secure accounts with out of balance and close month protection.
• Define the fiscal year according to your needs.
• Keep the most accurate records with a complete audit trail.
• Generate professional financial statements on demand, including balance sheet, income statement, yearly spreadsheet, and more.