Financial Accounting
The Integra Energy Management System provides a comprehensive financial management and information reporting system that includes flexibility in recording and analyzing corporate financial activity. The Integra General Ledger, Property Ledger and Query Manager applications are fully integrated with all Integra Energy Management System solutions and form the core of Integra's Financial Accounting & Management Information Reporting system. Integra General Ledger and Property Ledger retain all detail financial transactions as well as Account and Property balance information on a fiscal year or calendar year basis and embody secure and auditable posting controls compliant with Sarbanes-Oxley.
The Charts of Accounts can be shared by more than one business entity using the system. Integrated financial reporting allows you to produce standard financial reports such as the Statement Of Operations, Cash Flow and Balance Sheet reports. Integra General Ledger provides flexibility in financial analysis reports with features such as the inclusion of comparative period information with percentage change or 6 and 12 month Profit and Loss and Balance Sheet comparative reporting. Integra Property Ledger produces numerous Property Based cash flow and financial management reports. Property income and expense reporting is available and summary and detail property ledger reports may be produced. Integra's Property Comparative Lease Operating Reports can be produced on a Net, 100% or 8/8ths and Combined basis with powerful data selection, presentation formatting and summarization options. Integra's proprietary “Data Selector” technology allows unprecedented data extraction flexibility with a user-friendly and easy to use graphical interface. Integra's Property Trend Analysis feature allows managers and executives to develop unlimited “What If” scenarios based on any Property Financial data (including Volumes, Money, Prices, etc.) with flexible current period, prior period comparative and delta value analysis.
Complete historical financial activity is maintained for all detail transactions and account and sub-ledger balances for any defined period of time allowing unlimited retention and access of prior period financial records. Integra incorporates on-line inquiry of financial balances by account, property and sub ledger with integrated drill-down to detail level transactions for any time period.
Eliminating archaic requirements to print paper reports and perform monthly “summarizations" or "closings" are benefits of the open period design of Integra's general ledger database. By customizing the chart of accounts and associated financial code "printing instructions" the system can generate financial reports with multiple levels of detail.
With comprehensive and secure financial data retention, a powerful Query Manager and Report Writer and comprehensive Financial, Property Comparative and Consolidated Financial reporting, Integra's Financial Accounting solutions can meet your organizations most demanding needs.
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