Category: (3) TAM Application Type
Application Identifier: 9.3.1.1
Maturity Level: 4
Overview
General Ledger applications provide the required functionality to create a book of final entry summarizing all of a company's financial transactions, through offsetting debit and credit accounts.
Functionality
General Ledger functionality supports the following:
- Tight internal controls and access to legal entity and ledger data
- Maintenance of the Chart of Accounts and General Ledger reporting structures
- Compliance with multiple legislative, industry or geographic requirements
- Spreadsheet integration for journals, budgets, reporting, and currency rates
- Multi-ledger financial reporting for real-time, enterprise-wide visibility
- Robust drilldowns to underlying transactions
- Automated month-end close processing
Supported Business Services
