M1 General Ledger lets you control the financial activities of your company more efficiently and even includes management of your fixed assets.

M1 General Ledger captures and posts transactions created in Accounts Receivable and Accounts Payable, Payroll, Fixed Assets Register and general journals created manually.

Click for larger image

Fiscal Periods
Includes 13 user-defined fiscal periods, with suggested dates for each period.

Budgets
Maintain budgets for any account and year to improve financial analysis.

GL Accounts
GL Accounts consist of division, account and department. All are user-defined. Account Categories are used to assist in report generation. Quickly activate the relevant divisions and departments.

Posting Flexibility
Transactions can be posted into prior and future periods without the need to close off the current period. Allows time for adjusting entries at period end.

Recurring Entries
Improve accuracy and save time by creating recurring entries for regular, fixed amount journals.

Multiple Companies
Multiple datasets allow a number of companies to be managed within the same system.

Payroll Integration
M1 Payroll is an integrated module within M1 so it will automatically update your general ledger and bank reconciliation when you post the payroll session.

Reversing Entries
Create transactions which can be automatically reversed in the next period. The reversing entry is a mirror-image of the original transaction.

GL Distribution
Review transactions created in Accounts Payable and Accounts Receivable modules, including source document information.

Bank Reconciliation
M1's bank reconciliation is quick and simple to use, making managing your bank accounts a breeze.

Click for larger image

Fixed Assets Register
Fixed assets register allows you to keep track of all your assets from initial purchase right through to disposition.

The Fixed Assets Register is fully integrated so when you raise a purchase order for an asset and receipt the asset, the asset record is already created in the register.

Depreciation can be calculated using a variety of methods such as straight line, reducing balance, double declining balance and more for both book and tax calculations. One Click and your future depreciation schedules have been generated.

M1 allows you to maintain all aspects of an asset; location, plant, work centre and custodian and even record the assets serial numbers.

Assets can be grouped to allow simple entry of assets, and simplify reporting and you can have an unlimited number of asset groups/types.

Full Integration with the General Ledger module right from asset purchase through disposition as well as monthly depreciation journals.

M1 Fixed Assets Register can handle asset transactions from transferring an asset, to revaluing, disposal or sale of an asset.

Click for larger image

Click for larger image

GL Detail Report
Print this report anytime you would like to have a copy of the detailed activity for your GL accounts.

Click for larger image

GL Trial Balance
Use this report to review GL account activity and to prepare for period-end reporting.

Click for larger image

Click for larger image

Bank Reconciliation Edit List
Provides you with a summary of your bank reconciliation including variances and provides a detailed list of payments, deposits and adjustments.

Click for larger image

Profit & Loss Statement

Click for larger image

Balance Sheet

Click for larger image

Manufacturing Software that is Setting the Standard...