character account with an associated four character each, division and
department code, total to 14 characters as the definition of each
GL budgets one at a time, period by period, or allocate an annual amount. From
that base budget, you can create up to 9 revisions. Revised
budgets are from actual amounts, inflated or not, percentage or flat
dollars, and to/from any year, any revision.
statements and formats
are too many different formats and options available to mention but suffice it
to say, flexibility is yours. Formats for the basic Income, Balance Sheet,
and Supporting schedules are created for the exact detail or
Companies, divisions, or departments are separated or consolidated in any
combination. Any format can also include budgets and variances.
Allocations are an inspired method of easily spreading costs among multiple
entities within your company. Common utilities and shared
costs are easily allocated by a percentage or flat amount to the other divisions
or departments within. The amounts are automatically
posted as journals as if you had entered them yourself.
12 calendar months or 13, 28-day periods make up the standard fiscal year. In
addition, alternate accounting periods provide for up to 53 user defined
breakdowns. Multiple periods and/or fiscal years open at the same time permit
you to have unique closing schedules.
and checks from Accounts Payable, Accounts Receivable/Water Billing, and Payroll
all join together at month end. Interface each application by the day or one
entry for the period. Choose to see a‘net entry’or both debit and credit sides that
make up the net amount.
Inter-company journal transactions can
distribute to a different DTE company within the same entry window. This
feature is a life saver when managing closely related but separate DTE
companies. (However, this feature is not available with Water Management
from AP and Payroll as well as AR deposits are automatically posted into a
common check reconciliation file. Checks are then cleared by a range of numbers
or a single check. Establish both the‘Book ’and‘Statement’balance with several report
§Journals – manual,
accrual, or recurring
journals are interfaced from the other DTE applications. However, Accrual
and Recurring transactions allow a more efficient method to get the
complete financial picture with very little data entry.
transaction optionally includes a Cost Center ID and Category reference. The
costing distinction is then posted directly to the Cost Center application with
each journal transaction.
balance values for each accounting period and account as an export file enable
easy import into third party software for manipulation and analysis.