The General Ledger and Work Order Accounting system is a parameter driven, flexible, and highly integrated set of modules designed to completely automate utility accounting requirements for RUS, TVA, and FERC utilities. Multi-company capability is available for those utilities with subsidiary corporations.
A simplified method to meet regulatory requirements for unbundling of utility accounting (Activity Based Costing) is integrated in the system. Project Management features allow utilities to track costs regardless of the chart of accounts for trending and reporting requirements. Budgeting and reporting are available at all levels of the system.
Data is validated upon entry, eliminating errors and the need for edit lists. Redundant keying of data is unnecessary, thus saving time and reducing errors. Updates are immediate and the modules retain detail for complete reporting capabilities.
The Work Order modules provide for complete work management including staking, estimates, job scheduling and tracking, property accounting, and reporting. It is fully integrated with the other general accounting modules.
In the utility industry it sometimes is necessary to integrate with specialized applications from other vendors. SEDC’s UPN product provides real-time integration of packages for programs such as staking and e-procurement. Interfaces are available for utilities wanting to outsource the inventory or for outside benefit and financial services applications. |