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Sage 200 Evolution

Understanding The Sage 200 Evolution General Ledger (GL)

All the transactions you process will reflect on your General Ledger. The GL is the core of your business and the General Ledger structure plays a key role in your financial reporting. This is why you need a system that is designed to fulfill all your business accounting requirements.

The Sage 200 Evolution General Ledger is date-driven and allows you to process transactions to any period of your choice at any given time. The system allows you to block previous periods and prevent agents from accessing them in order to avoid errors. The ability to control access to financial periods allows you to avoid the tedious month and year-end processing. With Sage Evolution, you simply process your information, run your reports, and lock the periods and continue processing.

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all you need to know about the general ledger
understanding the general ledger sage 200 GL

SAGE EVOLUTION STORES UNLIMITED YEARS OF INFORMATION ALLOWING YOU TO TRACK HISTORICAL FINANCIAL INFORMATION, AT ANY TIME

sage 200 evolution general ledger screenshot

The Sage 200 Evolution General Ledger system has no tedious month or year-ends. It is date-driven, allowing you to post transactions to any period at any time. You can block periods that are complete, thereby preventing operators from accessing them in error, and store five years of information.

Segmented General Ledger
If you have a complex and multidimensional General Ledger, you can create General Ledger accounts using multiple segments up to ten levels.

Cheque Printing and EFTs
You can print cheques from any bank account. The cheque layout is fully customizable to accommodate requirements from different banks. You utilize user access levels to control who can print cheques.

Choose Sage 200 Evolution for and simplify the mapping and tracking of every recorded transaction, and easily manage all accounts including your income statement account, with ease.

All processing you do eventually reflects in the General Ledger.

Unlimited Financial Periods
You can now create unlimited financial accounting periods, allowing you to analyze historical data and make more informed decisions, and forecast more accurately.

Sales & Purchase Order Entry
You can maintain and control outstanding orders, processed orders, and backorders. This module integrates fully into Sage 200 Evolution’s Inventory, Customers, and Suppliers modules.

General Ledger Structures

Whether your business requires a basic or a complex multi-dimensional General ledger structure, Sage Evolution will get the job done, effortlessly. It allows you to create General Ledger accounts using multiple segments of up to 10 levels. Each segment becomes a reporting segment.

Unlock your business potential with the power to create your unique financial accounting structure.

The Sage Evolution GL allows you to create segments for your different company branches, departments, regions, and costs centres. Once you have created the segments, adding new accounts or roots to the segment is extremely simple. Choose an integrated solution and improve your business processes. Learn how you can maintain a balanced GL cash account & bank statements with the Sage 200 Evolution Bank Manager Module.

sage 200 evolution general ledger screenshot of the audit trail journal

Detailed General Ledger Reporting

Once you have customized your Sage 200 Evo GL to suit your unique business requirements, creating reports is effortless. Your financial reporting can be expanded and include any combination of the segmented levels that you have created.

You can even go as far as isolating specific sections of even a standard GL layout for your general ledger accounts. With Sage Evo storing unlimited years of historical accounting data, this accounting software solution gives you granular insight into the trends of all your financial activities from a current or historical perspective. Ideal for any size organization, whether you’re a large or small business.

The system has many powerful reports and charts that give you all the output you usually require such as:

Account balances( The balance in each customer account is periodically reconciled with the accounts receivable balance in the general ledger to ensure accuracy), Audit Trail, Balance Sheet, Bank Recon, Budgets, Project Budget vs Actual, Revised Budget History, Cashbook, Chart of Accounts, Cheques Printed, Income Statement, Ledger Account Transactions, Open Batches, Profit & Loss, Revaluation History and Trial Balance.

General Ledger Functions Include:

  • accounts payable
  • journal entries
  • subsidiary ledger
  • asset accounts
  • expense account
  • control accounts
  • Overview of financial health
  • revenues and expenses
  • account records
  • debit and credit
  • double-entry bookkeeping
  • Tracking financial transactions
  • financial statements

Try this module and never miss a digit in your accounting equation.

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This is an Add-On module for the Sage 200 Evolution ERP software that enables you to bring all aspects of your business operations into a single environment allowing you to manage customers, suppliers, and employees with ease. Read more on the Sage 200 Evolution CRM Premium Module that empowers you to easily manage relationships with your customers.

Sage 200 Evolution is a cost-effective business management solution for mid-market businesses.

9 out of 10 accountants recommend Sage 200 Evolution. The Sage Evo General Ledger can handle all your financial record-keeping and reporting needs, no matter the size of your business.

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Unlock the power of your business with the Sage 200 Evolution GL

SAGE GENERAL LEDGER

Contact us today for a demo or site analysis and we propose the right solution for your business.

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