BMS offers a fully integrated accounting package. All the modules work together to streamline the posting of various accounting practices. The POS sends information to GL, Payroll works with Timecard software and updates GL, Accounts Payable shares the vendor files used for Inventory control and in turn updates to GL. Balance Sheets and Profit and Loss statements can easily be generated.
General Ledger- All modules flow to the general ledger. Each time you generate a bill, post an expense, write a check, or complete a payroll transaction, you generate postings to the general ledger. General journal postings allow for adjustments. All journals must be in balance before they will post to the general ledger, assuring you that you're always in balance. You can format financial statements, choosing from a wide array of options: year-to-date, last year-this-month, last year-to-date, actual vs. budgets, etc. Multiple periods can be posted without closing the previous month or year.