Does your company’s chart of accounts have Locations, Departments, Divisions, Funds and Projects? Are you fed up of having to create separate G/L account for each Account and segment combinations? Are you spending too much time manipulating financial reports/data in Excel due to legacy Account structures or Account Segments?
Intacct Dimensions offers entirely new way to manage your general leger and chart of accounts. Dimensions allow you to independently tag your transactions without having to have separate accounts for each Location, Department, Division, Fund and Project. You can tag a transaction by any combination of the dimensions.
For an example let’s take a company with Location and Department structure so we can demonstrate the difference.
100 – Vancouver
200 – Toronto
300 – Calgary
10 – Marketing
20 – Sales
30 – Engineering
40 – Development
50 – Admin
Here is an example of a GL Journal Entry screen with Location, Department, Project and Vendor dimensions activated. You can simply tag a transaction by any combination of the dimensions.
Also Dimensions enable real-time reporting and you can analyse your data in ways never before possible.
Contact us to find out how Intacct Dimensions can help you managing your GL and chart of accounts like never before!