General / Nominal Ledger

The General/Nominal Ledger is the hub of your accounting system, and ABM provides you with accurate and up to date information at your fingertips. Each general ledger account can be analysed in one or two dimensions, using sub-accounts to control your finances by department, cost centre, and so on.

Budget Wizard

ABM’s Budget Wizard is a great leap forward. When you start the budgeting wizard and choose which area of the budget you will work on, ABM interrogates the database for all the relevant information, which is then produced in an Excel spreadsheet. You are then free to use all the tools and privileges you are used to in Microsoft® Excel.One click imports the updated budgets back in to ABM.

Up-to-Date Information

As you enter new data, ABM automatically updates the General/Nominal Ledger. You can print reports at any time, for an accurate picture of your company's financial position as at any point in time. One of the great strengths of ABM is the immediate updating of the ledger, therefore it is possible to continue processing in the next accounting period, without the constraints of having to carry out month-end procedures beforehand.

Multi-Currency

This well designed feature is integrated across all modules. ABM handles any number of currencies, with or without decimals, and caters for foreign currency banking.

Flexible Accounting Periods

ABM handles up to 13 user-defined accounting periods per year, allowing you to post transactions and adjustments into previous periods. Detailed histories may be held for as long as you wish, and any account in any period can be accessed.

Important General/Nominal Ledger Features: