General Ledger
MEDITECH's General Ledger software produces timely and useful financial reports, while conforming to generally accepted accounting principles. The module provides controlled and accurate bookkeeping and assists the accountant with powerful and flexible re
porting functions. The module provides users with control over the chart of accounts, the format and content of reports, and the sequence of posting, reporting, and closing. The budgeting functions support responsible accounting procedures for all levels
of management throughout the health care organization. Allocation functions support accurate monthly profitability reporting. The General Ledger software is the core of MEDITECH's financial applications, sharing information seamlessly with Materials Manag
ement, Accounts Payable, Fixed Assets Accounting, Billing/Accounts Receivable, Payroll/Personnel and Order Entry applications. The General Ledger software receives:
- Batch entries - daily or periodic basis, detail or summary format
- Budget information
- Accrual entries
- Statistical information
- Control procedures
- Information stored and retrieved from optical disk.
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