Insight Ledger keeps the general ledger, accounts payable and receivable, budgets and bank reconciliation in one workspace, with Australian GST and BAS reporting built in.
Insight Ledger is included in every InsightSuite edition and shares customers, suppliers and account codes with every other module.
- Module typeCore module
- Available inStandard, Professional, Enterprise
- Advanced budgetingProfessional & Enterprise
- Training availableYes — user & administrator
The problem it solves
Ledgers commonly have three problems: reconciliations done quarterly because the monthly version takes too long; cost codes left over from departed staff, so postings land in “sundry”; and an audit trail that exists only in theory. Spreadsheets and legacy packages make these inevitable when month end consumes the finance function.
How we approach it
Journals that repeat can be saved and scheduled; allocations across cost centres run on rules set once. Bank reconciliation imports transaction files and matches them automatically; the clerk confirms exceptions. Every posting records who, when and from which screen. Any figure on any report can be clicked back to the original entry.
Key features
- General ledger with drill-down from any report figure back to the original entry.
- Accounts payable and accounts receivable with automated, editable reminder letters.
- Bank reconciliation from imported transaction files — exceptions only, no rekeying.
- Budgeting and forecasting by cost centre and period, with variance reporting.
- BAS-ready GST reports and a guided end-of-financial-year rollover.
- Multi-cost-centre and multi-project tracking for grants, programs and locations.
- Recurring and reversing journals with a full audit trail on every posting.
A working day with Insight Ledger
On the first business day of the month the bank file imports overnight; the reconciliation screen shows matched transactions and a few exceptions. Reminder letters are released from the ledger. Any questioned figure opens to its original entry with its audit trail. The BAS report is produced from coded GST entries and checked against the working account.
What changes in your office
Recurring journals, automated allocations and saved report packs. The freight-industry case study went from nine days to two.
Validation rules catch miscoded and duplicate entries when they are typed.
GST, BAS and financial-year conventions ship with the product and are maintained as rules change.
Common questions
Can we keep our existing chart of accounts?
How long is a typical migration?
How does the BAS workflow run in practice?
How are prior financial years handled during migration?
Would you like to see Insight Ledger in action?
Ask for the Ledger brochure, or a walkthrough on your own chart of accounts.