The General/Nominal Ledger
This is the hub of your accounting system, and ABM provides you with accurate and up to date information at your fingertips. Each general ledger account can be analysed in one or two dimensions, using sub-accounts to control your finances by department, cost centre, and so on.

Budget Wizard
ABM’s Budget Wizard is a great leap forward. When you start the budgeting wizard and choose which area of the budget you will work on, ABM interrogates the database for all the relevant information, which is then produced in an Excel spreadsheet. You are then free to use all the tools and privileges you are used to in MS Excel. One click imports the updated budgets back in to ABM.

Multi-Currency
This well designed feature is integrated across all modules. ABM handles any number of currencies, with or without decimals, and caters for foreign currency banking.

Flexible Accounting Periods
ABM handles up to 13 user-defined accounting periods per year, allowing you to post transactions and adjustments into previous periods. Detailed histories may be held for as long as you wish, and any account in any period can be accessed.

Other Important General/Nominal Ledger Features:

16 character account codes (alphanumeric) - may be split into any combination of department, activity and account codes. 35 character account description 40 character transaction detail Batch and Serial Number Tracking Create Cost Centres or Departments when needed. Cashbook entry and reporting Handles accruals Produces Profit & Loss statements and Balance Sheets. Automatic posting of variance due to currency fluctuations. Fully customisable…store up to 48 extra pieces of special information in each ledger account. Tracking of committed funds - keeps track of overheads already committed, although not yet spent. Standing Journals Reconciliation reports for each subsidiary ledger Cheque printing and electronic payments Set up business expenses once, and process automatically when due. BAS / GST / VAT Return