Ledger Functionality
The system that puts power where you need it.
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.
