General Ledger

The heart of the Virtuo MIS system, Virtuo MIS General Ledger gathers data from across all suites to help you create, import, and report financial and statistical data. With a powerful chart of accounts, you have the ability to build your own major and secondary coding and track any financial and statistical data in your Virtuo MIS system.

The Virtuo MIS General Ledger features a multi-user, multi-fund, and multi-site functionality that allows you to report funds and facilities as individual units or as part of a larger entity. This functionality contains a statistical ledger that matches all features offered with the financial general ledger.

• Customize account groups to enhance reporting requirements
• Use wildcards to build revenue and expense templates that can be applied to hundreds of departments
• Easily satisfy mandatory government reporting requirements with built-in reporting tools
• Streamline year-end reporting by mapping account code segments to particular equity accounts

General Ledger Manager

The General Ledger Manager is the heart of the integrated Virtuo MIS system. Its facility, primary, and secondary codes form the building blocks for General Ledger and all Virtuo MIS subsystems, and its Account Groups and Quick Form tables allow all information within the system to automatically roll up for reporting purposes.

It has multi-user, multi-fund, multi-site functionality to allow the reporting of funds and facilities as individual units or as part of a larger entity, and it contains strong statistical tools that match all features offered within the Financial General Ledger.

• Utilize account codes logic to maximize efficiency for reporting accounts from a variety of views
• Customize account groups to manage unique reporting requirements
• Rebuild account groups to give historical information on entirely new organization structures
• Use wildcards to build revenue and expense templates that can be applied to hundreds of departments
• Utilize department accounts in the Financial General Ledger to create unique statistical accounts
• Manage multiple equity accounts by mapping account code segments to particular equity accounts

Journal Entry and Budgeting

• Create recurring journal entries with start and stop dates
• Enter back-dated and future-dated journal entries
• Audit the prior fiscal year's adjustments
• Import transactions to the Virtuo MIS General Ledger from third-party subsystems
• Cut and paste journal voucher details from Microsoft Excel® or Virtuo MIS Discovery EIS
• Reprint any journal voucher postings, including postings from prior fiscal years
• Cancel journal vouchers or reverse them in future periods

Subsystem Controller

• Manage subsystem imports and fiscal period end controls for all your Virtuo MIS programs from a single, central location
• Easily identify each subsystem’s current fiscal period
• Manage subsystem import and period advancement
• Advance GL and subsystems from a central location
• Customize a fiscal period table for the number of periods and start/end dates for each period and period name
• Setup a fiscal table for historic periods
• Create a new fiscal year in one step

Reporting

• Build customized and easy-to-understand department reports
• Drill down to source documents at the accounts, journal vouchers, and subsystem level (i.e. receiving reports, invoices, payments, requisitions, inventory issues, pay register, timesheets etc.)
• Export reports to industry standard electronic formats
• Accurately balance sub-ledger accounts with the general ledger via easy-to-read reconciliation reports
• Access audit trail reports for unused journal vouchers, budget changes or additions, and inactive accounts