The General Ledger is the core of a company’s financial records. If you are not completely sure of the accuracy of your General Ledger interface records your company is facing the risk of inaccurate financial reporting. Link2GL offers a dramatic improvement in converting payroll and HR data into General Ledger data. Link2GL is a flexible and configurable tool that creates general ledger journal entries that are easily imported into diverse financial packages including BAAN, Oracle, SAP, PeopleSoft, Great Plains, Lawson, and JD Edwards. Developed with the end-user in mind, Link2GL virtually eliminates the need for custom programming and dependence on IT support – increasing the ROI on your Payroll and financial systems.
If you don’t think you are a candidate for Link2GL ask yourself these questions:
Do you have a large, complex organization structure with multiple business units and multiple GL processing requirements?
Do you track labor distribution and job costing data?
Does your current GL process require manual intervention to reconcile errors and research items that end up in a suspense account?
Do you frequently have new earnings and deduction codes and new GL account codes?
Key Benefits
- Eliminates custom programming by using a simple user-friendly interface
- Improves ROI by reducing programming costs
- Eliminates suspense items by validating journal entries prior to posting
- Low cost, user-friendly application
- Reduces the need for any external HRIS reports for data drill down by providing a query tool
- No Payroll re-runs needed after close when GL changes are required because the data mapping can incorporate the change on the fly
- Simplifies job costing and labor distribution at the employee level, thereby saving time
Key Features
- Highly flexible and configurable
- Provides end-users complete control over GL interface set-up and maintenance
- No intervention required on inbound or back end data
- Eliminates manual journal entry manipulation
- Validates journal entries through built-in reporting tool
- Reports on all pay/non-pay elements including employee data
- Can be run on your PC or hosted on a local or external server
- Easily updated to reflect data changes such as GL account number changes, accrual adjustments, discretionary bonuses, and all compensation structure changes
- Supports actual vs. estimated entries of items such as employer 401K match, benefits accruals, allowed time, etc.
- Creates intercompany and payment transactions