Account masking for financial statements and other reports. This works well for divisions or properties. Bank reconciliation very intuitive and maintains historical status for a period. You can go to prior periods and reconcile the bank as it was at that time. 24 Open periods.
Transactions fall into the proper period by date.
You can go back and forth among any of the 24 periods at will. Any changes to prior periods are reflected in all subsequent period balances. You do not have to change periods to enter a future transaction, and you can edit or delete prior period transactions without changing to that period. Date sensitive reports and transactions. You can print accounts receivable and accounts payable reports as of any date, and only the transactions through that date are reflected.