Ledger Management

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Elevate Your Financial Accuracy with General Ledger Management by xmartaccounts

Achieve Financial Clarity With xmartaccounts Ledger Management Tool

At xmart Accounts, we understand that the general ledger is the cornerstone of every business's financial operations. It serves as the comprehensive repository of your company's financial data, making its accuracy and reliability paramount. That's why we are committed to meticulous General Ledger Management, ensuring that your records are immaculate and that your financial insights are spot-on.
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General Ledger System: Key Features

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GL entry management

xmart Accounts streamlines accounting with real-time transaction importing, automated GL entries, rule-based approvals, recurring entries, and automated closings.
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GL structure management

xmart Accounts offers a customizable Chart of Accounts with dimensions like regions, subsidiaries, and cost centers, user-defined GL hierarchy, rule-based transaction coding, and configurable subledgers for enhanced financial flexibility and management efficiency.
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Multi-entity accounting

xmart Accounts provides real-time consolidation across multiple entities, featuring configurable hierarchies and user-defined close periods tailored to entity-specific calendars. Additionally, it includes rule-based elimination of intercompany transactions to ensure accurate consolidated reports.
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GL balance management

xmart Accounts automates tracking of debit and credit amounts, GL balances, and consolidation across entities. It also offers rule-based reallocation of corporate balances to subsidiary/branch accounts for efficient financial management.