General Ledger (GL) Management
We provide premiere GL accounting services for government, commercial and non-profit clients. Government accounting functions may appear to follow commercial methods, but in most cases, they are unique, requiring specialized software to address the complexities of government programs. They are similar to commercial methods in that they tend to be time-consuming, cumbersome, manually intensive processes, prone to error.
Adding to the challenge is the fact that government programs and accounting rules are always changing. Government accounting functions must keep up with these changes, and accounting staff must stay on top of new rules and information, an enormous effort by itself.
For decades, Dynaxys has worked with federal agencies to manage their general ledger accounting functions, handling obligations, expenditures, costs and expenses, revenue, and receipt and disbursal of cash in accordance with federal rules. We can assure our federal clients of the accuracy and integrity of their general ledger function because we -
- Develop our accounting software to ensure data integrity, security and reliability.
- Reconcile and report cash daily, confirming that our data are consistent, accurate, complete and timely. With daily reconciliations, clients can manage cash effectively and respond quickly to mandatory audit reviews or Congressional inquiries.
- Can easily trace any transaction from its source to the ledger entry.
- Receive an annual SAS70 Type II audit to assure proper controls.
- Maintain accounting information in accordance with government standards including Federal Credit Reform.
- Are audited by independent accountants three times a year.
