Impact/SQL - Accounting

The Accounting module provides the tools needed by the Escrow Accounting Department to oversee the daily financial activity relating to the escrow trust bank accounts. Should your company have a centralized group responsible for the wire transfer process, they will enjoy the smooth communication mechanisms available both for incoming and outgoing wires, between Escrow and Accounting. The reconciliation of the trust accounts, both to the bank and to the Trial Balance, is a very straightforward process, and is made easier with the ability to import files of cleared items generated by your bank. Reporting of issued items, for Positive Pay processing by your bank, is also supported. A very complete set of standard reports is made available to the Accounting user to speed research efforts, and to meet their reporting responsibilities. Annual reporting of 1099-S information to the IRS is a very simple process with Impact/SQL. You are encouraged to review the Accounting manual, for a full description of all of the functionality of this module.

Review the other Impact/SQL modules: Escrow,  Title,  Management Information, and Utilities  or all of our software products.