Chantry Consultants Ltd

Nominal Ledger

Maintains Balance Sheet and Profit & Loss accounts.
The ledger can be open for multiple accounting periods.
The length of time for which transaction history is held can be varied according to the type of account.
Automatically updated with transactions from the Sales Ledger, Purchase Ledger and Property Management.
Direct input to the Nominal Ledger by way of Nominal Journals.
Apply pre-payments and reserves.
Automatic reserves for specified accounts.
Fixed assets register specifies the method of depreciation for each asset.
Automatic calculation and posting of depreciation from the fixed assets register.
Trial balance report.
Balance sheet report with user defined account grouping and totalling.
Profit and loss reports by cost centre/branch or by expenditure type with user defined grouping and totalling.
Set and amend budgets for use in profit & loss reporting.
VAT reports geared to your VAT return periods.
Export Profit & Loss and Trial Balance data for use in a spreadsheet.
Year end procedure to automatically journal between Profit & Loss accounts and a nominated Balance Sheet account.
Audit trail of all transactions input to the system or generated by the system.