City of Vernon California

General Ledger

The City has been using an Enterprise Resource Planning (ERP) system, Eden Financial Management Software Solutions, developed by Tyler Technologies since Fiscal 2006.  Tyler Technologies is a leading provider of integrated ERP systems providing software and services to more than 11,000 local government offices throughout all 50 states, the US Virgin Islands, Canada, Puerto Rico, the United kingdom and other international locations.  At the end of each fiscal year, an external independent certified public accountant conducts an audit of the City’s Annual Financial Report prepared by City’s management under the direction of the City’s Finance Director.  As part of the audit, the independent auditor is required to audit every general ledger account, including the accounts of all departments.  The City’s general ledger keeps track of all financial transactions using a double entry system. This is then reconciled with the cash activity records of financial institutions holding City funds on a monthly basis.