Data Processing Solutions for the Wholesale Distribution Industry

Distribution Processing Systems - 4247 East Little Creek, Norfolk, VA 23518 - Phone (757) 432-9800 - Fax (757) 432-8108 - sales@distprsys.com

The following notes outline some specific features of the DPS General Ledger system:

• Multiple corporation accounting and reporting

• Multi-branch accounting and reporting

• Multiple profit centers accounting and reporting

• Flexible financial statement report formatting

• Optional expense account detail flag allows you to specify accounts for which detail posting of every transaction is desired

• Journal entry functions include system edits for account validity and balanced entry

• Reversing journal entries for easy accrual accounting

• Recurring journal entry option for monthly postings

• Screen displays of all account balances and posting activities

• Current year, prior year, and budget information readily displayed

• Complete audit trails of all transaction postings

• Prior period and prior fiscal year postings options with reprint of financial statements after adjustments have been made

• Automatic month end purchases accrual to handle the situation where inventory items have been received but the vendor invoice has not yet been entered