The Unified Ledger
Not all Unified Ledger systems are the same. PS Financials has taken this successful structure and enhanced it to benefit from all of the recent advances in software so that the user can truly benefit from modern technology.
PS Financials is a true Unified ledger system and this offers the following benefits:
- An unlimited number of ledgers can be created including: sales, purchase, nominal, job/project, staff, asset, deposits, property, investment, etc. This provides great flexibility and the ability to easily analyse and view transactions;
- All of these ledgers are totally integrated and updated in real-time. Information is therefore always up-to-date and reflects postings made in other areas of the system, instantly;
- Reporting data is all in one area, which considerably simplifies the maintenance and writing of ad-hoc reports;
- Ledgers and reporting structures are easily restructured as future requirements dictate, again providing great flexibility;
- Multiple views of the data can be created so that every user is able to look at data in the format that they require, understand and prefer. This leads to very high user acceptance of PS Financials;
- No arbitrary rules are built in. Security controls what a user can see and do. Therefore, if you want to give refunds to customers by writing cheques straight from the sales ledger, then as long as the user has the correct security level and the transaction balances to zero this can be performed; and
- Period end work is reduced as period end ticking exercises; checks on distributions and interfaces are no longer required; the unified ledger eliminates this need.
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