Momentum AMS does not offer full General Ledger accounting. We do keep track of all insurance related accounting transactions, which can then be exported to a General Ledger accounting software (like Quick Books).
Agencies often ask for help with setting up their GL accounts. Momentum AMS is NOT qualified to give accounting advice. However, we have attached a sample list of accounts from a Chart of Accounts for a typical Insurance agency. This is a comprehensive GLCOA and we post it here to give you some ideas of what accounts you may want to set up for your agency. We provide this list as an illustration to help you and your accountant set up your GLCOA. You should discuss setting up you GLCOA with your licensed CPA.
