Franwell, Inc. RFID Specialists and Developers of Agware Software Solutions for Agribusiness

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Agware Software System
     Agware Architecture
     Agware Overview
     Agware Introduction
     Back Office
         General Ledger
         Receivables
         Payables
         Inventory
     Cards
     Grower Accounting
     Purchasing
     Sales
     System Manager
     Warehouse
     Food Service
     Agware FAQs

Other Franwell Products
     Franwell RFID Systems
     FarmJournal
     TestIt

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General Ledger

System wide constraints affecting your use of General Ledger (frequently referred to as GL) are defined in the System Manager/System Settings component. The following features are included in the General Ledger component:

  Accounts
  General Journal Entries
  Transaction Journals
  Bank Reconciliation
  Fiscal Year End

The Chart of Accounts consist of master (natural) account numbers composed of up to twenty (20) alphanumeric characters, which can be placed in any format you require. Unlike other accounting systems that require account segments for financial reporting (by division or department, for example), our software creates this functionality internally for you. From these accounts you define your company wide defaults.

Manual Journal Entries are date driven with no hard close required. The use of GL transaction-locking feature allows a soft close. Aging periods are user-defined. Any transaction originating from outside General Ledger, or as a manual GL transaction, is recorded with a date and a company location. (In Agware, there is no need to create another GL account for physical locations, departments, branches, cost centers, etc., as each user is assigned to a location. When a transaction is created, it is coded with the user's location.)

All your transactions can be viewed through the General Ledger Journals. Reconcile any account created as a checking or detail account. This feature allows for quick and easy marking of cleared transactions for a given date range. The number of transactions is not limited in any way by the software. The only constraint on the number of transactions is the actual amount of physical storage space dedicated to the database.

The various reports available in the General Ledger section are: Account Activity, Balance Sheet, Chart of Accounts, Cost of Goods Adjustment Log, End of Year Journal, Income Statement, Trial Balance Detail, and Trial Balance Summary.