The key to accurate management information is an integrated nominal ledger that collates data from all of the peripheral ledgers. Pyramid’s nominal ledger is automatically updated, in real-time, by every other ledger, so management information is up-to-date and instantly available at all times. Up to thirteen accounting periods can be open at any time and you do not lose the controls associated with a period based system.
Nominal Ledger Structure
The nominal ledger is able to support up to 9,999 cost centres or departments with user definable alphanumeric nominal codes. Each nominal code and cost centre is allocated a notes facility, which has an unlimited writing capacity.
The nominal ledger also includes two sub-ledgers, there is Component Accounting for property assets and development and fixed assets for non-property items.
Reporting & Output Options
With detailed transaction analysis, scheme/cost centre analysis and easy reporting, including automated export to Microsoft Excel, the Pyramid nominal ledger forms the hub for the rest of the system.
Reporting options include:
- Income & expenditure
- Balance sheet
- Fixed asset schedules
- Trial balance
- Scheme/cost centre analysis
- Simple to user management reporting tools and department cost apportionment facility
Financial Accounting Highlights
- Open periods, with facility to “lock” prior periods without closing completely
- Budget planner facility with support for 5 years budgets and current year revisions
- Import journals and budgets from Excel
- Auto reversing journals
- Report formats for income and expenditure and balance sheet and facility to design user defined schedules and reports
- Automated regular posting and depreciation journals
- Bank reconciliation
Book your free demo
Latest Case Study
Thorner’s Homes
Thorner’s Homes have been providing almshouse accommodation to women in need in Southampton since 1793.
Target Housing
In more recent history, Target Housing invested more than ever to expand the services they provide to complex needs’ clients. Including £30M in 30 properties, procuring a 24/7 hostel in Rotherham and extensions to council allocated support projects. All these are maintained using the Pyramid Housing Management system, which has served Target Housing since 2011.
One CIC
One CIC have awarded a contract for OmniLedger to supply them with a Pyramid Housing Management system. Read the full story here.
Rent Accounting
The Pyramid Rent Accounting forms the foundation of all your tenant and property data; assisting housing professionals streamline rents and arrears management through integration and business intelligence.
Repairs & Maintenance
Pyramid’s complete range of Responsive Repairs and Cyclical Maintenance modules designed to accommodate all aspects of property management, including period checks, gas safety, planned maintenance and life cycle costing.
Making Tax Digital
Designed to assist social housing providers who are both fully registered and partially exempt from VAT.