General & Project Ledgers
Aspire's General and Project Ledgers drive powerful accounting and financial features with streamlined sophistication. Import your existing Chart of Accounts or use Aspire's smartly flexible templates. Configure accounts and projects at multiple levels to support your business practices and reporting requirements. Create as many cost pools you need for fringe, overhead, G&A and more. Aspire creates a compliant and scalable accounting foundation for growth.
Why Aspire is better.
Multi-Level Projects
Aspire’s flexible project design supports multi-level subtasks to fit your reporting and contract requirements, and you’re not locked into a single set-up. You’re free to mix and match project structures by customers and teams as you go. Tailored project set-ups seamlessly flow across all reports, timesheets, invoicing and controls, ensuring labor and costs are efficiently captured and accurately processed.
As your contract and business requirements change, easily bend your project set-ups to match. Elegant and easy-to-use project parameters enable you to create the best structures as you grow, while maintaining historical and trend views over time.
”Unlimited” Fringe and Overhead Accounts
Aspire covers multiple cost pools to support your growing business. Set-up is managed on a single screen. Simply add accounts in-line then assign them to many pools for fringe, overhead, G&A, unallowables, intermediary costs and more. As costs are collected, they cascade from pool-to-pool powering your rate calculations and project reports.
Aspire’s scalable approach to projects and accounts rivals that of expensive legacy solutions, enabling you to build a durable foundation for your so business. Unlike heavy enterprise systems though, Aspire’s powerful design may be created and configured in just a matter of hours.
Keep your Chart of Accounts or Pick Preconfigured
Aspire's General Ledger set-up is simplified, streamlined and smart, enabling you to start in a matter of minutes. Import your existing set-up from QuickBooks or other systems or use one of Aspire's preconfigured Chart of Accounts.
Then simply assign your accounts to your business units (Aspire supports many), and set your options for naming, types (Assets, Liabilities, Equity, Revenue, etc.), labor designations, allowable/unallowable charging, and handy descriptions for your reports.
By seamlessly encapsulating both your financial design and the structure of your business, your Aspire Chart of Accounts ensures compliant processing and meaningful reporting as your business grows.
“The fact that Aspire seamlessly handles multiple business units is a godsend. I can easily account for both our commercial and govcon divisions with complete confidence and compliance.”
Highlights: General & Project Ledgers
Multi-level Accounts
Flexible support for multi-level Accounts to match your business practices; keep your current structure
Multiple Business Units
Aspire support numerous Organizations based upon your business requirements; use Orgs for GovCon and Commercial business, divisions, regions and more
Beginning Balances
As you get started, initialize your General Ledger with beginning balances to match your previous system of record
Dynamic Cost Pools
Create as many Fringe, Overhead, G&A and Intermediary Cost Pools as you desire; Aspire simultaneously supports multiple Cost Pool configurations for numerous scenarios
Customized Financial Reports
Complete General Ledger, Balance Sheet and Income Statement reporting suite with Comparative, Trend and Transaction Analysis; configure reports as you like them with column controls, filtering, sorting, saving and distribution
Detail Drill-Downs
For any data element and every report, click through to see transaction details and even attachments as entered into Aspire
