Financials

Close the books. Not the week.

The general ledger, AP, AR, and budget tracking built for how local governments actually account for money: by fund, not by profit center. Audit-ready by default, not by scrambling before your deadline.

Used by
Finance Director
City Clerk
0
year-end reconstruction
100%
fund-accurate GL
1-day
month-end close
gworks.com / products / fund-accounting
General Ledger · FY2026 Q2
Audit-ready
12
Funds
$2.4M
Revenue YTD
$1.9M
Expenses YTD
Run report
Fund
Description
Debit
Credit
Status
Fund 101
Utility billing — Jun cycle
-
$12,440
Posted
Fund 101
Payroll — Public Works
$8,320
-
Pending
Fund 202
Tax levy — Q2 installment
-
$44,800
Posted
Fund 303
Court fines collected
-
$2,150
Posted
Fund 101
Street maint WO-2848
$184
-
Posted
Period
Total
$8,504
$59,390
Balanced

What it does.

Four things Finance handles to improve your workflows.

01

Fund-based general ledger

Every transaction is posted to the correct fund, account, and period automatically. The GL is organized the way governments require, not retrofitted from a business accounting system.

02

AP and AR with government workflows

Purchase orders, invoice approval routing, vendor payments, and receivables tracking are all built for the multi-department, multi-fund workflows local governments actually use.

03

Budget tracking and amendment management

Set budgets by fund and account at the start of the year. Track actuals against budget in real time. Manage budget amendments with a documented approval trail.

04

Audit-ready reporting

CAFR-ready financial statements, budget vs. actual reports, and fund balance summaries generate directly from the GL with no year-end reconstruction or spreadsheet assembly before the auditor arrives.

How it helps.

What communities gain when the manual work goes away.

Month-End Time
−80%
Close the month in a day instead of a week
When every transaction posts to the right fund automatically and AP is reconciled in the system, month-end is a review, not a reconstruction.
Audit Readiness
100%
Auditors find fewer issues when the records are always current
Fund Accounting maintains an always-current, always-reconciled set of books. The auditor's questions get answered in minutes, not days of pulling records.
SPREADSHEET DEPENDENCY
0
Budget tracking in the system, not a shared Excel file
When budget vs. actual is in the GL system, the Finance Director doesn't need a separate spreadsheet that goes out of date every time a journal entry is posted.

Often used alongside.

These modules come up most frequently when Finance is part of a team's setup. Which combination makes sense for your community depends on your priorities.

The specifics of how modules work together depend on your team's setup. Your gWorks contact will walk through the right starting point on a call.

Common questions.

If something isn't covered here, the fastest answer is a quick conversation with our team.

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