Offices can also be combined into regions to provide financial reporting by region and office. The general ledger account coding structure in the Pendulum System is flexible enough to accommodate most existing account numbering systems. Both alphabetic and numeric characters can be used in any of the coding fields. Office numbers can include up to five characters. Department numbers can include up to five characters.
Account numbers can include up to ten characters.
Office, department and account numbers are user defined. If desired, the account number can include separate components such as major and sub accounts. This has traditionally been the most popular accounting method for professional service firms. Accrual basis which records revenue when clients are invoiced and records expenses when vendors' invoices are entered. Dual basis which provides both the accrual and cash basis by creating multiple transactions for the general ledger.