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General Ledger Interfaces

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General Ledger Interfaces

The way that transactions in the system are posted to the general ledger is entirely user configurable. On delivery, the system is loaded with transaction and posting types that it is aware of and the data elements available in them. The posting definition can be built from the supplied components, or the components can be added to in any way that the user requires.

 

The interface is flexible enough to accommodate any chart of accounts and any combination of factors to determine a set of accounts for any transaction. Every activity within the application which has a financial implication is capable of generating data for use in journal creation.

 

The features in this module include:

  • Interface specifies the detail level in postings
  • Extensible transaction and posting type definition
  • Extensible data element definition
  • Extensible posting parameter definition
  • Setup templates and template processor for quick setup
  • Separate interface definitions for account payable, service warranty, accounts receivable, manufacturing, project management, accounting for commitments, and bank reconcilliation.
  • Interface generates multi-company journals if required
  • Open interface specification for receiving external financial data.
  • Data elements can be substituted for account segments to facilitate automatic G/L account generation.

 
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