AgVantis' General Ledger Solution

Capture, analyze, and report transactional information on a web-enabled system that will give you immediate access to reports and transactional functions through a standard web browser, consistent with your position and security clearance. Gather timely, accurate data for both routine processing and special procedures, all coordinated with each business cycle, including detailed month-end and year-end reports. Along the way, expect immediate, highly informed support from AgVantis experts; support that extends beyond accounting transactions to compliance with existing policy and GAAP, budgeting, and tax accounting.

The AgVantis General Ledger System will accelerate your financial management processing -- general ledger, accounts payable, fixed assets, budgeting, and financial reporting -- even as AgVantis’ value-added services reduce your costs, increase your revenues, enhance your profitability, and deliver unmistakable advantages in an ever more competitive marketplace.

The general ledger solution consists of the following components:

• Lawson Financial Suite (version 9.0)
• Financial Planning & Modeling
• Financial Planning & Modeling Workshop

Additional Information & Highlights:

• General Ledger Transaction Research
  AgVantis provides detailed and hands-on support for general ledger, accounts payable, and fixed assets, including a review of relevant regulations and their potential impact on your Association. AgVantis also provides recommendations for accounting, specific to achieving appropriate GAAP treatment.
• Annual Budget Packet
  AgVantis coordinates and completes your Association’s operating expense budget.
• Annual Financial Reporting
  AgVantis creates your Association’s annual financial statements, to include: audited statements, footnotes, guidelines for management discussion and analysis, FCA disclosure, an opinion letter, and the cover page.
• Quarterly Financial Reporting
  AgVantis also prepares and provides your Association’s quarterly financial statements, to include: financial statement and footnotes, guidelines for management discussion and analysis to be entered in a printer-ready format - as well as, all the data required for FCA reporting and reconciliation, including the FCA Call Report and the LARS-M report.
• Auditor Management & Compliance
  AgVantis also facilitates key provisions of Sarbanes-Oxley, FCA, and other third-party auditors.
• Association Tax Accruals & Tax Returns
  AgVantis coordinates and prepares your Association’s federal and state returns while monitoring monthly tax accruals to identify potential issues.
  AgVantis also calculates year-end accruals in combination with third party auditors for review with your Association.
• Financial Planning & Modeling Support
  AgVantis’ Profitstar manages risk. Integrating your Association’s initiatives and business objectives, Profitstar creates audit trails, while analysis of multiple scenarios determines your most profitable strategies. Further, Profitstar generates user-defined scenarios, projections, variance reports and graphs, and other customized report pockets.
• Financial Planning & Modeling Workshop
  The workshop provides for the development (using Profitstar models) of an annual financial plan for your Association. These workshops are targeted individual sessions, calibrated to the exact needs of your financial planners with a single objective: the creation of a three-year financial projection, with capital adequacy requirements identified.