Clareti Banking
Transaction Processing: General Ledger Interface
Solutions
Gresham systems can of course interface to a variety of industry-standard General Ledger systems, or to a system that has been developed in-house.
However, the Clareti Banking system also contains its own General Ledger system for those companies that may wish to implement an already-integrated banking and General Ledger system.
The Clareti Banking - General Ledger system is designed to maintain General Ledger account balances and information in a General Ledger (G/L) Master file. The main objectives of the system are:
To perform the daily posting and balancing of the General Ledger entries and provide an Update and Status report showing the day's activity to each account with account balances for the posting date and the 2 previous business days
To automate adjustment of foreign currency equivalent accounts at month-end or quarter-end and process transactions generated from all Clareti Banking integrated applications
To provide necessary General Ledger account information for internal audit purposes and for completion of various returns required by the local government and the bank
To automate closing out of specific Revenue and Expense account balances and provide profit and loss account information
To provide a feature to enable units to create their own reports, e.g. Balance Sheet and Profit and Loss reports
To input and report budgeting figures by general ledger account for month-end or quarter-end according to individual requirements
Transaction Processing
