Authority Financials

GL Restructure

Many councils are finding that their chart of accounts is no longer providing the outcomes required. Work Orders may have been implemented, an asset management system implemented, or other changes have occurred.

This can have a range of impacts such as:

  • Your current GL structure being used inconsistently across departments.
  • There is a need to replace the use of Total/Alternate Keys with Hierarchy reporting
  • The structure is not supporting the new organisational structure.
  • The council is subject to an amalgamation or pending amalgamation.

By restructuring your chart of accounts, you can dramatically improve the use of the ledger and subsequent financial reporting.

Pacesetter Services can work with you to restructure your chart of accounts, reporting hierarchies and views. This typically involves:

  • Workshopping the design of the General Ledger and Work Order classifications.
  • Building the new structures.
  • Data conversion.
  • Development of new reports.
  • Training staff in new business processes.
  • Supporting the Go Live process.

 

Authority Financials Sub-modules

Pacesetter have high level expertise with other modules of the Authority Finance system including:

  • Work Order Budgeting
  • Asset Accounting (CVR)
  • Bank Reconciliation
  • Accounts Payable
  • Purchasing and OLR
  • Financial Statements
  • and so on



Contact Pacesetter to obtain more information and pricing.