There are hundreds of excellent web-based business services on the web. When you conduct business over the internet using these providers, they are actually what we used to call modules in our accounting software.  Try the menu above! (Note: this is not a sales gimmick.  The purpose of this is to achieve interoperability.)

WebLedgers will provide a core accounting database, or back end, for other network-based applications.  Users will pull together transaction streams from both external DotComs and traditional paper documents.  The combination of DotCom modules within a webledger back-end will be the finest accounting system to be had anywhere, for any price.

Here are examples of the core accounting functions that must be provided in a webledger when you have multiple DotCom (and local) processes:

1. fiscal control / internal control,
2. cash flow / cash management,
3. consolidated views of accounts
      receivable and payable, 		4. financial statements/ financial reporting, 
5. tax reporting,
6. consolidations and eliminations, and
7. foreign currency translations

These financial control and reporting sorts of things can only be provided by something resembling a general ledger.  These things require company-wide totals. This web page does not really provide that - it's nothing but a menu system. 

What should a WebLedger look like?  Email me.

Todd Boyle CPA   Kirkland, WA   http://www.gldialtone.com