An ERP package's financial accounting module allows for company-wide control and integration of financial data. This module allows you to track financial accounting data in a centralized manner across various companies, languages, and currencies.
The General Ledger (GL) module of BenchStep ERP is the heart of an ERP system's financial package. GL provides a central pool of accounting data required for finance reporting (including statutory reports) and other purposes through integration with logistics, business processes, and accounting sub ledgers of other finance modules such as accounts payable, accounts receivable, and cash management. One of the most significant roles of the GL is to update the sub ledger in real time, eliminating the need for time-consuming reconciliation. GL also delivers data that is summarised for planning, control, and reporting.