General Ledger

Smart, flexible, and future-proof

The general ledger is the heart of your financial management system; the repository of the transactions and balances that define the financial state of your company. While many accounting software providers have not taken an innovative approach to their general ledger design, Intacct was built to be different. Our general ledger architecture was uniquely built to enable extensive visibility, scalability, and flexibility. Let your business grow and evolve, because this general ledger won’t ever hold you back.

Unique multi-dimensional visibility

See reports and dashboards that show performance by any combination of business drivers, and quickly get the information you need to make business decisions. With Intacct’s revolutionary general ledger design, you can use dimension values—instead of old-fashioned account segments—to capture the business context of your transactions, operational measures, and budgets. It’s how Intacct is able to give you the most relevant view of your real-time business performance, while simultaneously simplifying your chart of accounts. Eight predefined dimensions come ready to go, including projects, product, and employees. Your team can easily add your own unique dimensions to track what matters most to your business.

Easy multi-entity management

Manage the financials for multiple entities with ease, whether your business is simple or complex, with domestic or global locations. Produce financial consolidations at the push of a button, automate multiple currency conversions, and get consolidated reports without waiting for month-end.

No-code configuration

User configuration is easily done entirely through Intacct’s intuitive interface and doesn’t require expensive coding or customization work. Tailor Intacct to automate your unique processes and workflows, and maintain complete control of when transactions post to sub-ledgers and the general ledger.

Robust multi-book functionality

Track your performance by multiple accounting standards in a single system for easier reporting compliance and better visibility. With Intacct, you can even see your performance on a U.S. GAAP, IFRS, and cash basis—side by side. Plus, user-defined books enable you to easily report on a tax basis or on any country-specific or industry-specific standard you need. Drill down from any financial report to see the underlying details behind the top-level numbers.

Fast multi-ledger performance

Close your books in stages for a more efficient period end. Intacct's multi-ledger architecture enables you to close sub-ledgers independently. So you can continue to operate business-as-usual during the close period by closing one ledger while other ledgers are still processing transactions.

Key benefits

  • Increase visibility with endlessly flexible financial and business reporting and the ability to track performance by multiple accounting standards
  • Grow without limits by making multi-currency and multi-entity management easy
  • Quickly adapt your system to changing business requirements without the pain of customizations
  • Increase efficiency at month-end by closing the sub-ledgers that are ready while leaving others open as needed
Intacct gave us the robust functionality you expect of major software brands such as Microsoft and Oracle, but at a fraction of the price.
Jim Metzger
CFO
TM Forum