Date Dependent Ledger Posting

ActiveApplications allows your company to keep processing and posting transactions from Payables, Receivables, and all other applications. The accounting system will automatically determine the period a transaction is to be posted into based on the transaction date. AA determines this by looking at the company Information and comparing the beginning period dates with the transaction date in each application.

By adding intelligence to the system you do not have to worry about when a transaction gets entered. ActiveApplications will know which period it goes into. On the other hand for audited financial statements and other purposes you may not wish to restate previously closed periods if a bad transaction date is keyed by mistake. To counter this possibility periods in various application can be closed. It is simple and easy to close or open periods previously closed.

Now when posting to ledger you do not have to worry. 

ActiveApplications is simple yet secure.