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About Us

Forward Thinking Systems was founded with a vision to create unique and user-specific technology.

If you have become fed up with technology that “approximates” adequacy, we believe that you will be pleasantly surprised by the raw efficiency of technology that has been customized for your business.

516-629-4999 Support@ft-sys.com info@ft-sys.com 250 Fulton Ave.
New Hyde Park, NY 11040

General Ledger

General Ledger entries are automatically created when performing several transaction types. These include invoicing orders, receiving inventory and paying bills.

Budgeting

Create projections for upcoming months and years to see how your company is tracking against a real-time general ledger.

Detailed Journal Info

Drill down on a General Ledger entry to see the transaction that caused that entry.

Profit and Loss

Generate custom, real time, Profit and Loss Statements.

Balance Sheet

Generate custom, real time, Balance Sheets.

Reversals and Reoccurring Entries

Setup manual journal entries that automatically reverse or reoccur on a certain day so that you don’t lose track of your entries at time of closing.

Speed

Because everything is real-time and integrated there is no waiting for postings or other systems to get your data. It is all there waiting for you.

GL Account by Vendor

Setup default GL accounts that are associated with a vendor so that you don’t have to keep selecting the GL account each time you create an invoice for a vendor.

Flexible Closing

You can close on a modular basis by day, month and year. So that users don’t accidently post into a closed period.

General Ledger

General Ledger entries are automatically created when performing several transaction types.

  • Real-Time GL
  • Budgeting
  • Detailed Journal Info
  • Profit and Loss
  • Balance Sheet
  • Reversals & Reoccurring Entries
  • Speed
  • GL Account by Vendor
  • Flexible Closing

Business Logic and Accounting in One Package

How much are your trucks costing you right now? How much money are you losing to shrink? How is it affecting your bottom line? These are the kinds of questions your business asks on a daily basis. With non-integrated systems, you have to wait for your transactions to be moved from your sales/warehouse management program to your accounting system. This disconnect means you never have an accurate view of your business at this moment.

With Forward Thinking Systems's fully integrated real-time general ledger you know up to the second how your business is affecting your profit and loss and balance sheet. Drill down to transaction level information showing subsidiary journals and original documents. Set budgets for your departments and monitor how well they are being followed. A flexible GL account setup allows for profit centers and sub-accounts. GL accounts can be attached to vendors, allowing you to properly allocate expenses in your financials. You can even track your fleet expenses down to the individual truck.

  • View General Ledger information in real time
  • Drill down to transaction level information showing subsidiary journals and original document
  • Generate fully customizable profit & loss statements and balance sheets
  • Flexible GL account setup allows for profit centers and sub-accounts
  • Default GL account numbers can be attached to vendors for quick and accurate invoice posting
  • Create multiple GL entries by dollar value or percentage for all transaction types
  • Create Manual GL entries
  • Close by day, month or year

Forward Thinking Systems provides you with a powerful full-featured GL. Find out how the power of a fully integrated real time general ledger can enhance your bottom line.

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