FastTrack Integrated Ledger is exactly what the name implies: fully integrated with FastTrack SkillsBase and Recruitment Manager, and with FastTrack Recruitment Payroll Manager. You benefit by real-time processing of transactions within Debtors, Creditors and General Ledgers, all date-driven rather than period-driven.

• Changes to contact details in FastTrack SkillsBase and Recruitment Manager, and FastTrack Recruitment Payroll Manager are automatically transferred into Debtors Ledger – and vice versa.
• Comply easily with State and Federal tax changes, using our updates service.
• Chart of Accounts
  • Create an unlimited number of accounts, with main and sub-accounts.
  • Group for reporting in Balance Sheet and Profit & Loss accounts.
  • Sort by name or number.
  • 'Drill down' through accounts to view individual transactions.
• Journals
  • Create any number of journals to maintain accounts.
  • Split journals as required: one-to-many, many-to-one, many-to-many.
  • Allocate journal items to Client, Job Order or cost centre.
• Reconciliation
  • Reconcile creditors, debtors, petty cash, bank accounts and credit cards, at any time.

Debtors

• Create invoices, credit notes, refunds, and receipts.
• Show GST and Payroll Tax separately on invoices.
• Automatically transfer sales to Revenue account, and Payroll Tax to Liabilities.
• Allocate your invoices to Job Orders and cost centres.
• Use standard (default) invoicing terms for consistency in generating invoices.
• View any invoice generated in FastTrack Recruitment Payroll Manager.
• Accept part and full receipt by debtor of your invoices.
• Receipt one or multiple invoices.
• Create daily banking deposit slip from receipts.Facilitate debt collection by creating a debtors report with Client contact details.
• Automatically record Payroll invoices in Debtors Ledger.

Creditors

• Maintain all Creditor details.Input suppliers' invoices and credit notes.
• Allocate supplier invoices to a Client, Job Order or cost centre.
• Simply maintain supplier information across the whole system.
• Pay suppliers' invoices in part or in full.Pay supplier's multiple invoices.
• Pay supplier's invoices individually.
• Print cheques automatically to your customised format.

Contact us for more ways to simplify the management of your debtors, creditors and general ledger transactions.

Reporting

Dynamic reporting from the one database puts all FastTrack Integrated Ledger reports at your disposal at any time as changes occur. There is no need to wait for the end of a period or to consolidate data. Reports are available on a range of defined management parameters:

• Obtain detailed and summary reports including: Payroll Tax.
• Liability, Trial Balance, Profit and Loss, Balance Sheet, Aged Debtors & Creditors and Transactions.
• Use standard date filters, such as Year-to-Date, Month-to-Date, Previous Year-to-Date, Previous Month-to-Date.
• Customise your own date ranges.
• Format Profit and Loss statements either in detail, or summarised by Client, Job Order or cost centre.
• Perform aged creditors and debtors trial balances to assist in preparation of cash flow forecasts.
• 'Drill down' through any account to locate transaction detail.
• Produce debtor statements for all or selected clients for access from the web.

Budgeting

• Allocate expenses and income monthly by ledger account and cost centre.
• Compare actual costs month-by-month against budget.
• Report variances by percentage or dollar amounts.

Contact us for more comprehensive information about Integrated Ledgers reporting and budgeting functions.