Infor SyteLine General Ledger tracks financial expenditures within the company and generates financial statements and reports for management, auditors, and investors. The General Ledger is tied to other parts of the system through the Chart of Accounts and the distribution journals. A Chart of Accounts is easily created to control how you want to report on your business.
Financial information collected during day-to-day operations is posted frequently to distribution journals. In addition to the distribution journals, there is a General journal that you can use to hold closeout and summary entries for year-end procedures.
You can also create user-defined journals — custom journals to store, retrieve, and track entries specific to your business. Unit Codes can be activated for each account in the Chart of Accounts, to collect key management data.
- Hierarchical General Ledger
- Multi-Calendars, Multi-Books
- Define a Chart of Accounts that mirrors your enterprise structure
- Statistical accounts
- Ability to Define Control Accounts
- Dimensions and attributes for accounts
- Create recurring journals, reversal journals, and automatic allocations based on rules you specify
- Upload Journal Data from External Sources
- Positive Pay
- Account Class
- Export results of queries to Excel, ASCII file, Clipboard
- Full G/L drill down to source documents
- Budgeting
- Multi-site journal entries
- Bank reconciliation
- Obsolescence and effectivity dates on GL accounts
- Built in Financial Report Writer
- Excel Financial Report Writer
- IFRS Certified
- Cash flow analysis
- External Financial Interface
- Currency conversions
- Re-open closed years
- Security for out-of-period postings
- Multi-Site Ledger Consolidation
- Create your G/L reporting method (monthly, 4-4-5,13 Period)
- Supports Sun Systems Financials
- Supports Infor Global Financials (German market only)
