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About USL Financials

Module: Control System

The Control System module is the heart of the USL Financials Accounting system. In Control System, you set up the basics of your financial structure: such as organizational data, components, defining object codes, attributes, multiple periods, budgets and your chart of accounts.

The Control Module has features specifically designed for the fund accounting user.

The Control System module allows true integration of any USL Financials modules at any time. Because of USL Financials’ inherent client/server design and its Microsoft Access front-end, the software can readily be tailored to provide the kind of reports and functions specific to your needs. With its flexible account code, USL Financials can easily be set up to maintain records for multiple grants, projects and departments while automatically keeping track of interfund balances and streamlining accounting across funds. When needed, funds can be set up with their own unique year-end dates to facilitate cross fiscal year reporting and accountability.

The account code can be customized within 32 alphanumeric characters and nine segments so that the size and number of segments will reflect your internal management structure and reporting requirements. Budgets are also accommodated within the application, providing a seamless environment in which financial reports are obtainable directly from the system without the need for re-keying information. The integration with Microsoft Excel lets you leverage the power of this application to control costs.

 

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