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Solutions
General Ledger
HMS General Ledger gives you the ability to record and maintain financial data from manual journal entries - as well as from other HMS software solutions � and process that data, incorporating it into the style of reports and financial statements you need.
Features & Benefits HMS General Ledger is a proven and complete solution for your needs, whether you are a single, stand-alone facility or a complex multi-entity healthcare organization with multiple facilities, clinics, etc. It integrates seamlessly with a variety of other HMS applications and its robust reporting and consolidating capabilities make this solution truly useful.
Key features
- On-screen access to financial statements with drill-down capabilities all the way to the PO level: Get down to the source of every entry for superior analysis.
- Multiple company capability and flexible consolidation for comparative reporting: department, facility, division, corporate levels: "One-Stop" data resource for good comprehensive overview while maintaining flexibility.
- Report writer capabilities and format options - up to 99 user-defined information summary reports, 18 income statement formats, 9 balance sheet formats, user-defined statistical trend reports: Improves presentation of facility's financial operation with the ability to efficiently organize data in the most usable form for your organization and management style.
- Statistical data and monetary information are maintained, processed and accessible to the user for user-defined reporting: Maximizes system's value in management analysis and decision making.
- User-defined chart of accounts with maintenance of budget, prior year and current year actual data by account by month: Options for processing/planning/reporting.
- User-defined departmental statistical reports (automatically maintained), departmental expense schedules, departmental profit and loss: Improves departmental accountability and reveals trouble spots earlier; improves control and ability to measure results.
- Online journal entry and edit with enforced balancing: Error-free, easy-to-use processing.
- On-screen or printed inquiry allowing access by account number, fiscal period, source code or reference code: Fast management access for detailed analysis and information.
- Retention of all detail transactions for the entire fiscal year: Complete information available at all times for analysis and reporting.
- Incorporates labor-saving features - chart of accounts copy and report format copy: Enables staff to maximize use and convenience of general ledger module-s capabilities.
- A variety of accounting features including automatic reversing entries, automatic journal entries: Enhances accuracy of record keeping as well as widens options in manipulating information for management applications.
- Accounting convenience features including flexible closing, user-defined consolidation of financial results by division, corporation and facility: Enhances user control over cycle processing and control over consolidations for multi-company environments.
- Allows entry of next year-s budget at any time: Reduces planning time; makes strategic planning easier.
- Interfaces with other HMS financial software solutions: Eliminates expensive duplication of efforts.
- Budgeting and forecasting capability with pro-forma financial statements: Improves accuracy, flexibility and effectiveness of the overall budget process.
- Managerial responsibility reporting allows users to view only their area: Flexible, organization-defined system as tightly secured or open as you want it.
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