DBS Legacy Accounting consists of a core of seamlessly integrated modules, which together provide a powerful solution that delivers the control and reporting you need to keep your business competitive. It supports wide area networking, making it suitable for use by businesses that have several geographically dispersed business locations. All Legacy applications boast robustness and flexibility and advanced features that make them easy for you to better manage your business and offer your customers exceptional service. Legacy Accounting consist of the following six seamlessly integrated modules that together offer your company the tools necessary for good financial management.

• General Ledger
• Accounts Receivable
• Accounts Payable

• Inventory Purchasing
• Order Entry
• System Manager

Legacy Accounting can be operated as a batch-oriented system where transactions posted from subsidiary modules create batches in the general ledger, or as a fully on-line system where transactions posted in subsidiary modules immediately update general ledger accounts. It can handle up to 100 subsidiary companies each with up to 100 cost centers. Unlike many accounting systems, the previous month or year does not have to be closed out prior to entering transactions for the current accounting period. The end of year can be closed and unclosed throughout the following year as needed. This allows you to enter data for the current year and still make changes to the prior year as needed.

Networking/Security

Legacy Accounting can be used either as a stand alone or multiuser application. There is no limit to the number of simultaneous users. The robust client/server technology on which Legacy Accounting is built ensures fast, secure and reliable operation over LANs, WANs and the Internet. Its flexible user security system allows individual user’s access to be determined for each menu selection.

Real-time/Batch modes

Legacy Accounting supports both the on-line (real time) or batch methods of operation. In the on-line mode, transactions entered in any of the subsidiary modules (AR/AP/IP/OE) are immediately posted to the General Ledger accounts. Several smaller companies prefer this mode of operation. The batch mode is generally preferred by most accountants and larger companies. In this mode, transactions posted in other modules create batches in the General Ledger, which have to be printed and posted in order for them to update the General Ledger accounts.

Two Years Open

Transactions for two consecutive years may be maintained in the system at any time and the previous year can be closed and unclosed as often as is necessary to facilitate the entry of prior year adjustments. The year-end process therefore does not hold up the entry and processing of transactions for the following year. Reports for the previous year can be printed at any time, provided you have not purged the data.

Multi-Entity/Multi-Department

Up to 100 departments or entities each having up to 100 cost centres may be defined. Financial statements can be printed for individual cost centers or departments or for the consolidated entity. A replicate feature is included in the Chart of accounts to make it easy to quickly replicate your account structure for new departments or entities.

Budgeting

The budgeting feature makes it easy for you to keep track, of and control your company’s expenditure. Budget figures are entered by month and a report comparing actual and budget and showing the amount remaining in the budget may be printed.

Manufacturing

Legacy Accounting is also suitable for use by manufacturing companies. The inventory module permits kiting, assemblies, prints bill of material and inventory forecast reports and has material requirements planning functions.