5. EXCELLENCE IN ACCOUNTING THROUGH THE GENERAL LEDGER
The Excellence in Accounting through the General Ledger (eaGLe) project is a joint effort between the Finance and Information Technology groups to replace the current General Ledger (GL). The GL system is the core of the Postal Service’s financial reporting systems with all financial activity and results processed through the system. The main legacy systems are 15–25 years old and are programmed in languages no longer supported by software providers. The current General Ledger does not support projected cash flow amounts nor does it support our move to calendar month financial and performance reporting from the current accounting period (4 week) reporting. Our use of COTS software enables improved support capabilities, flexibility to adapt to changing business processes, and supports all period reporting and finance/unit level reporting to the lowest levels of the organization.

The eaGLe project, approved by the Board of Governors in 2002, is currently on schedule to be fully implemented starting in 2004.