Accounting Software from Sentinel Hill Software - gl main

By: Sentinel Hill  09-12-2011
Keywords: Accounting, financial reporting, General Ledger

The Series 5 General Ledger system captures all the financial Journal Entry transactions that have been generated from your subsidiary accounting systems.  These are then summarized by G/L Account to report changes to assets and liabilities for determining profit and net worth.  It's the application that controls your company's financial reporting capabilities with the following functions:

  • Define the G/L Chart-of-Accounts
  • Define the layout and content of Financial Statements
  • Record General and Standard, (re-occurring) Journal Entries
  • Generate Trial Balance and Financial Statements reports
  • Define Departments, Profit Centers, and Corporate Entities
  • Handle Multi-Company Consolidations
  • Inter-Company Transfers

The master Chart of Accounts is used to code the different types of assets, liabilities, revenues and expenses.  As well, it determines the format of your financial statements.  Depending on how the Chart of Accounts is developed, the financial statements can provide information for the many accounting levels within your company.  Additional analysis capability is available by defining Financial Entities.  These can be used to group selected components together to study what if scenarios or to create financial reports, (financial statements or trial balances), for the various aspects of the company.

Keywords: Accounting, financial reporting, General Ledger

Other products and services from Sentinel Hill

09-12-2011

Accounting Software from Sentinel Hill Software - im main

The Inventory Management system may be used in conjunction with the Series 5 Customer Order Processing system in providing goods for sale to customers. A master inventory record is created for each item and an item-location record is created for each stocking warehouse. The Series 5 Inventory Management system is used to define those products that a company markets to it's customers.


09-12-2011

Accounting Software from Sentinel Hill Software - rg main

The Series 5 Class Registration & Invoicing system would be used to manage the registration, and optional invoicing for, of training courses and lectures that a company might hold. These might be classes that are conducted either for internal staff training, or as a source of revenue. Courses are entered into the system, and may be scheduled, repeatedly, as a class session.


09-12-2011

Accounting Software from Sentinel Hill Software - op main

The Series 5 Order Processing system, basically provides for the on-line entry, maintenance and control of your company's customers' orders of goods. Orders may be entered manually, or interfaced from 3rd party capture systems, such as the Web. Pick Tickets can be printed, orders billed, and invoices printed. Printing of Pick Tickets and Packing Slips.


09-12-2011

Accounting Software from Sentinel Hill Software - fa main

The Series 5 Fixed Assets Management system offers maintenance and control of your company's Fixed Assets. It provides for the tracking of Assets for up to five different reporting entities.


09-12-2011

Financial Accounting Packages: From Sentinel Hill Software

Solutions are available both to companies that are developing their own specialized applications, or to those that need only standard packages with minimal customization. All tools and products are written to operate on most operating systems, including assorted implementations of UNIX and the latest Microsoft Windows platforms.


09-12-2011

Accounting Software from Sentinel Hill Software - ar main

Invoices are automatically loaded from other Series 5 applications, may be interfaced from a user provided sequential file, or manually keyed by an entry clerk. The Series 5 Accounts Receivable system basically records your customer's invoices and their subsequent payments. A variety of related reports may be generated, along with inquiry functions for current and historic records.


09-12-2011

Accounting Software from Sentinel Hill Software - ap main

The Series 5 Accounts Payable system, basically accumulates your suppliers invoices, manages the generation of checks, generates related reports, provides historic inquiry, and produces distributions that interface to the General Ledger system. Each A/P company may be interfaced into it's own G/L, or into a corporate G/L system. Automatically or selectively mark Vendor Invoices to be paid. Enter supplier Invoices and/or Employee expenses.