GL/Financial Accounting

The central application for our 4gov fund accounting software is Financial Accounting, which includes the core modules for the general ledger. The Financial module satisfies prescribed fund accounting requirements and meets the CAFR requirements established by the Governmental Accounting Standards Board.

With this module, senior officials and department heads can establish spending and revenue collection plans. As a result, they can identify and correct any deviations long before annual budgets are exceeded, which in turn permits more effective financial management.

The system uses an integrated general ledger and subsidiary ledger chart of accounts, and classifies transactions by object and sub-object. These accounts are used for the appropriate funds by all organization levels from department to group.

If you would like to discuss our Financial Accounting Software, contact iDC.