Ocean General Ledger is a part of integrated system of applications enabling management and control of all global financial processes through the general ledger: journal entries, report journals and through the comprehensive system administration.
Genera Ledger is closely related to other modules of the Ocean Financial Application Package: Payables, Receivables, Cash Management, Fixed Assets and Purchasing. It can be implemented either as a part of the OFAP or as a stand-alone module.
> more about software module General ledger
FUNKCIONALITY AND FEATURES
Real time management of all accounting data
Financial data entry with automatic check up and update of all the data necessary
for posting and zero/balance posting of journal entries and end-of-period entry posting
Clear review of financial data, generating and printing of reports needed
Balance configuring and general ledger consolidation
Review of individual report journals as well as per summaries and per currencies
Transfer of status from one to another accounting period
Statistical activities on accounting
Multi-segment approach to financial transactions
Review of transactions respecting segmentation basis defined by users
Multi-currency accounting and financial accounting consolidation
Registering of conversion of currency in which transaction is performed respecting the currency exchange list
Creation of consolidated balances for any number of lower level organizational units.
Support to internal audit and reporting
Possibility of additional configuring to ensure effective budget execution control.
Creating of financial reports (standard, tabular, own reporting periods) with no programming in standard MS Word or Excel
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