Cetec ERP | General Ledger

General Ledger

  • Operational transactions map to ledger entries to general ledger accounts. Account mappings are maintainable by admin users
  • Ledger updates are real time based on operational transactions (e.g. inventory adjustments, invoices, payments, etc.)
  • Visible and editable ledger entries
  • Automatically log backdated ledger entries for auditability
  • Tag ledger entries to identify and categorize custom types of entries/transactions to the journal
  •  Easily filter journal entries by account, transaction type, date range, tag, and more
  • Add/edit/delete G/L accounts with appropriate permissions
  • Perpetual based ledger: close period for specific groups, A/R, A/P, Cash, G/L
  • Customer credit terms/hold - integrated management of customer terms and credit hold; credit risk management through credit lines, terms, & holds
  • RMAs - robust and integrated RMA module to handle returns, refunds, rework, repairs, and replacements. Tie RMAs to source invoices or issue one-off RMAs.