Choosing an Accounting System Checklist

 
Needed Y/N
 
  Transaction Processing
  Supports Workflow Period Closing:
  Define Procedures List for Each User
  Define Dependent Tasks
  Includes Tasks and Reports
  Includes Sub-Module Tasks
  Includes Off-Line Tasks and Routines
  Procedures List for Reference Only
  Jump to Task from Listed Procedure
  Provides Check Boxes to Indicate Completion
  Forces Task Completion in Sequence
  Provides Master Control List of all Tasks
  Supports Batch Layout Configurator for:
  Header Record
  Detail Lines
  Move Fields
  Add Fields
  Delete Fields
  Modify Field Size
  Attach Notes Record to Existing Field
  Import Batch from Outside Application
  Input G/L Account Segments in Separate Fields
  Define Default Segment Combinations
  Cursor Skips Over Default Segments
  Checks Validity of Batches from Sub-Modules
  Holds Invalid Sub-Module Batch in G/L as Unposted
  Post One-Sided Journal Entry by Password
  User Defined Journals
  Automatic Journal Entry Numbering
  Supports Unlimited Note Fields for:
  Batch Header Record
  Each Line
  Attach Supporting Documents to Journal Entry:
  Single Document
  Multiple Documents
  Launch/View Document Automatically
  Number Each Journal Entry Line
  Line Item Reference Numbers
  Journal Entry Templates
  Recurring Journal Entries Each Month
  User Defined Cycles for Recurring Transactions
  Automatic Reversing Journal Entries
  Real-Time Reversing Entries
  User Defined Reversing Period
  Generates Balancing Entry Automatically
  Distribute Costs by User Defined Formulas
  Distribute Costs to Jobs/Projects:
  In General Ledger
  In Job/Project Module
  Post to Phases and Cost Categories
  Running Total of Debits and Credits
  Validates Posting Date
  Supports Provisional Posting
  Post to Prior Periods
  Post to Future Periods in Same Fiscal Year
  Post to Future Periods in Future Fiscal Year
  Post to Multiple Fiscal Periods in Same Batch
  Corrects Transactions in Posted Batches by:
  Reversing Batch Automatically
  Copy to New Batch for Manual Adjustment
  Full Bank Reconciliation Functions
  Full Treasury Management Functions
  Full Cash Management Functions