Eclipse is a real-time accounting system based on a uniquely open and simplified file structure. As transactions take place in the system, they immediately update the general ledger, rather than being held in batch journals for update only when the accounting period is closed and processed. The file structure allows access to and modifications of transactions in the past and advance creation of future transactions.
General ledger data is stored in one large transaction ledger file instead of specialized summary files. This structure makes it possible to use the general ledger for more powerful reporting and business analysis. It also means that the reporting is reliable and accurate.
Use the procedures in the following topics to set up and run the general ledger:
Click here for a printable version of the General Ledger documentation.