Global 3000 Accounting Modules

There are five Global 3000 Accounting Modules available from Global Distribution in Australia, Cash Manager, Debtors Ledger, Creditors Ledger, Asset Register and General Ledger. The products are fully integrated by auditable interfaces which enables complete control of information entering the Ledgers from other sources and between the modules themselves. Third-party products can be interfaced with the Ledgers through standard posting interfaces rather than direct transaction access. A number of characteristics are common to all the modules:

Multi-Company All the Ledgers are fully multi-company, including the Creditors Ledger which maintains separate and consolidated balance and turnover for each company/supplier combination and allows the disbursement of a single supplier invoice across companies.

Multi-Currency Cash Manager - fully multi-currency - each transaction is held in trading (or native currency) and base currency with associated exchange rate. Debtors and Creditors - each account/supplier has a nominated trading currency. Balances are kept in this currency and the base ledger currency. The trial balance reports unrealised exchange gain/loss by currency, which can then be manually posted to the General Ledger. Exchange gains/losses are realised at payment time (each partial payment generating a separate exchange gain/loss transaction) which are then automatically posted to the General Ledger. Each currency possesses an exchange gain/loss account. General Ledger - when transactions are posted to the General Ledger from the source Ledgers, they are resolved into the base currency of the General Ledger company. Different companies with different base currencies can be consolidated into the currency of a company or a different currency in accordance with the closing rate method of foreign currency translation as defined in UK SSAP 20.

Multiple Payment Accounts Debtors and Creditors both use multiple payment accounts per company/currency which can be associated with individual cash books in the Cash Manager.

Transaction History A major feature of the Global 3000 products is the retention of transaction history. The user defines the length of time that transactions are retained for enquiry and reporting purposes in all Ledgers.

The sophistication of the database technology associated with these Ledgers ensures that no performance degradation is associated with the retention of substantial history. In particular, Debtors and Creditors retain transactions and allocations for up to 99 periods. General Ledger - an unlimited number of years transactions can be retained on the GL database.

Notes and Actions & Integration Debtors, Creditors and General Ledger feature Notes, Actions and push-button import/export facilities to industry-standard Office Automation products for the facilitation of credit control, prospecting, cash flow analysis and the optimisation of the General Ledger's sophisticated budgeting and forecasting facilities.

The Global 3000 Accounting Modules are integrated with the Global 3000 Distribution Modules.