General Ledger System

Widgets

Displayed on a Widgets Dashboard - now included as part of the main MKMS Form - the new Widgets feature provides a User Specified selection of Information Snapshots - shown either as a tabular listing or a chart - that may be instantly updated with the most current information at the Click of a button.

▪More detailed information about these General Ledger System related Widgets may be found within the chapters listed below:

1.Assets Breakdown - Provides a Bar Chart which displays the 5 General Ledger Accounts with the greatest Asset value - based on the selected Configuration Option.

2.Liabilities Breakdown - Provides a Bar Chart which displays the 5 General Ledger Accounts with the greatest Liability value - based on the selected Configuration Option.

3.Equity Breakdown - Provides a Bar Chart which displays up to 5 General Ledger Accounts with the greatest Equity value - based on the selected Configuration Option.

4.Sales Breakdown - Provides a Bar Chart which displays up to 5 General Ledger Accounts with the greatest Sales value - based on the selected Department(s) identified in Configuration Option.

5.Expenses Breakdown - Provides a Pie Chart and Legend which displays up to the 5 General Ledger Accounts with the greatest Expense value - based on the Department(s) selected in Configuration Option.

6.Bank Balance - Displays a Pie Chart and explanatory Legend showing the Current Balance as listed in the Chart of Accounts report in the General Ledger System for each Bank Account defined in the Bank Maintenance Form.

General Ledger System

General Journal Entries

You may now Save your General Journal Transaction Entries for completion at a later time:

▪If you have not completed the required General Journal Entries but need to leave this General Journal Form temporarily, Close the Form, but Do Not Click the Postübutton.

▪This set of Un-Posted General Journal Transactions Entries will be saved until you return to the General Journal Form.

General Ledger System

Financial Reports

There are five new specialized Financial Reports now available:

1.Chart of Accounts Graph - Graphs the closing Account Balance for (up to 5) selected General Ledger Accounts for a maximum of 5 years.

2.Chart of Accounts History - Lists the closing Account Balance and the Percentage Change from the previous year for (up to 5) selected General Ledger Accounts (for a maximum of 5 years), starting with a selected Year - with the ability to choose a specific Month within that Year - and then looking back from there - either Year over Year, or Month over Month.

3.Financial Summary - Uses a Pie Chart and Legend that displays the Year-End General Ledger Account Balance for one selected General Ledger Group for a specified Year, or for up to a specified Date.

4.Income -vs- Expense - Graphs the Income and Expense totals by comparing the results of selected Years, or comparing a range of Months spanning one or more selected Years.

5.Net Worth - Graphs the Assets and Liabilities for a selected Date Range and displays the company's Net Worth for each reported month.

General Ledger System

General Ledger Reports

The following General Ledger Reports had their User Interface improved and now include an Options tab, a Preview tab, and in most cases a Data View tab thus completing the conversion of the remaining General Ledger Reports to this tabbed Report Dialog format.

▪Balance Sheet

▪Chart of Accounts

▪General Journal Listing

▪General Ledger

▪General Ledger Detail

▪Trial Balance

General Ledger System

General Journal Report

The Month and Year fields on the General Journal Report Options tab now default to the current Month and current Year.