The Unified Ledger

Doing exactly what it describes, the Unified Ledger enables you to create an account and associate it with a ledger. Therefore you are able to create an unlimited number of ledgers and call them what you want e.g.

• fixed assets
• expense ledgers
• employee ledgers
• membership ledgers
• vehicle ledgers
• claims ledgers
• building ledgers
• contract ledgers etc

gathering all financial information sources into one set of tables and one location.

With an unlimited number of ledgers all integrated to form the core of the PS Financials Accounting Software, real advantages are possible.

Updates are real-time

- authorised users can have access to 100% up-to-date information by on screen enquiry, reports or via web-enquiry. Complex accounting structures can be accommodated and users can change these structures as future requirements dictate.

Forget additional Spreadsheets

- with a Unified Ledger system you can create: Property, Investment, Asset, Course, Staff, Vehicle and any number of ledgers which are all totally integrated in the core financial system, so you don't need extra spreadsheets.

Everyone can make decisions based on the same numbers

- managers or departments won't have different figures at meetings or on reports. With a Unified Ledger all users have the same information and figures presented to them in real time.

The benefits

- to having just one integrated and combined 'unified ledger' are that you can make changes on the fly (which are instantly reflected), utilising just one source of information for all reports and consolidations (so these are quicker and more accurate). You get:

• flexibility
• month end savings
• period control
• constant vision in real time of where your organisation is financially (with no exceptions!).

Isn't it time you found out more about a Unified Ledger system?

These FDs have reaped enormous benefit from a Unified Ledger Approach:

David Neale, Finance Systems Manager, National Maritime Museum "The unified ledger eliminates the need for checks on each ledger, making the process of creating month and year-end accounts far easier...Using PS Financials the time taken to produce management reports each month has been halved." (link to case study)	John Williams, Finance Director, Number Ten Group "PS Financials' unified ledger approach also makes it easier for an organisation to run a decentralised business model supported by central operations. The unified ledger significantly eases the process of supplier payments."  (link to case study)
Mark Rainey, Head of Finance, National Museums of Wales "PS Financials is a real, real-time system, the integration and real-time update of ledgers into a single database - the unified ledger - ensures information is always up to date, reflecting postings made into the system immediately." (link to case study)	Sue Rivett, Group Financial Controller, JKX Oil & Gas "...big advantage is that if we do spot something that needs changing we can correct it with a single journal and have the change instantly reflected in every report. Before, we'd have had to fix the problem in several places and possibly repeat the whole consolidation process."