Localtech Core
Annual financial statements built from the ledger.
Core builds the four primary statements and the notes from the trial balance, so the figures in the statements are the figures in the ledger. Every line can be opened to see where it came from.
Built, and in daily testing with a council accountant.
What is in it
From statement to transaction
Each statement line shows its source and whether its note agrees with it. Open a line to reach the note, then the accounts that make it up, then the transactions.
Annual financial statements
The four primary statements and the notes, laid out on the Queensland model financial statements, with prior-year comparatives, the cash flow statement, and income and expenses by function. Adjustments carry their own approval. A checks tab shows what does not yet agree. The Mayor and CEO certificates are included, and each version is kept through to certified and audited.
Report Builder
Build your own reports with a text editor, a contents page and page numbers. Roll a report forward to the next year, and output to PDF, Word and Excel.
Day-to-day reporting
Trial balance, general ledger enquiry, budget against actual, and management statements with drill-down to transactions.
Year end
The year closes through a batch that a second officer approves. A closed year can be reopened.
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Tell us which areas matter to your council and we will take you through each one in the system.