BS&A General Ledger vs TownCloud Finance Suite

BS&A General Ledger is the central ledger in BS&A’s cloud-based Financial Management Suite, storing financial entries from other suite modules. Designed exclusively for local government, it supports GAAP fund accounting and governmental GASB reporting. Built-in GASB 34 reports allow adjustment entries in a separate Adjustments fund or a GASB 34 Adjustments area. Statistical reports calculate major and minor funds in summary or detailed formats and let users drill down to account balances. Budgeting includes spreadsheet imports, user-defined levels, projections, proposed reports, and what-if scenarios; it can draw employee longevity, grade, raise, and benefit projections from BS&A’s Human Resources module. Bank Reconciliation supports imported transactions, multiple accounts, pooled cash, and grouping by deposit. Listed capabilities also include restricted fund tracking, grant management, budget-versus-actuals, and program tracking. It runs on the web with cloud deployment, and BS&A says suite data is shared for real-time updates and to avoid duplicate entry. Pricing is on request.

TownCloud Finance Suite has no write-up on Specifiction yet; its figures are above.