Choosing an Accounting System Checklist
Needed Y/N	Feature
	Financial Statements
	Print Financial Statements to Screen
	Financial Snapshots:
	Displays Single Set of Financial Snapshots
	User Defined Financial Snapshots
	Create Multiple User Specific Snapshots
	Drill Down to Original Transaction
	Incorporate Information from Sub-Modules
	Displays Information Graphically
	Consolidate Multiple Companies
	Consolidate Different Charts of Accounts
	Consolidate Partially Owned Companies
	Consolidate Range of Accounts
	Supports Account Masking
	Consolidate Entities With Different Fiscal Years
	Define Tree Structure for Consolidation
	Checks Validity of Consolidation
	Eliminate Inter-Company Transfers
	Group Profit Centers
	Produce Financial Statements for:
	Departments
	Product Lines
	Sales Representatives
	Regions
	Cost Centers
	Projects/Jobs
	Produce Management Accounts
	Add Indexed Notes to Financial Statements
	Summary Standard Financial Reports:
	Balance Sheet
	Income Statement
	Detailed Standard Financial Reports:
	Balance Sheet
	Income Statement
	Monthly Financial Statement
	Year To Date Financial Statement
	Quarterly Financial Statement
	Maintains Multiple Past Years Financial Data:
	Maintain at Least Five Years Past Results
	Summary Only
	Detailed or Summary
	Comparative Income Statement:
	This Month Versus Last Year
	Year to Date Versus Last Year
	Year to Date Versus Budget
	Variance Analysis
	Variance Expressed as Percentage
	Variance Expressed as Dollars
	Comparative Balance Sheets:
	This Month Versus Last Year
	Year to Date Versus Last Year
	Year to Date Versus Budget
	Variance Analysis
	Variance Expressed as Percentage
	Variance Expressed as Dollars
	Print Balance Sheet for any Reporting Unit
	Budget Reports:
	YTD vs Budget: Current + Last Five Years
	Project Year End Based on YTD Actual
	Modify Projected Year End Estimate
	Calculate YTD as Percentage of Annual Budget
	Reports Exceptions if Budget Projection Exceeded
	12/13 Column Period Reports
	Print any Range of Consecutive Months
	Percentage of Revenue Calculation
	Cash Flow Analysis
	Calculates Cash Flow Analysis for:
	Current Period
	User Defined Date Ranges
	Current Period vs Prior Period
	Current Period vs Prior Year
	Current Period vs Budget
	Year to Date vs Prior Year
	Year to Date vs Budget
	Multi-Column Summary by Period
	Working Capital Analysis
	Changes in Financial Position
	Ratio Analysis
	General Ledger Month End Schedules:
	Amortization
	Depreciation
	Prepaid Expenses
	Accrued Expenses