General ledger and accounting

What the general ledger does

• Double entry and a chart of accounts that follows Central Bank requirements
• Account numbers in the structure used in Uzbekistan
• Posting rules for every event: disbursement, repayment, interest accrual, fee
• End-of-day closing
• Account balances and turnovers without waiting for exports

Posting rules are configured by you

Which accounts an event touches is set in the settings, not in code. When a new product is launched, the accounting team describes its entries in a reference table, and accounting starts working together with the product.

If you already have a core banking system

You do not have to replace it. Fintral can run products and applications and pass the entries to your system. Later, individual functions can be moved to the platform step by step, without stopping operations. A data migration module is available for moving customers, accounts and contracts.

Link to reporting

Entries, contracts and customers live in one platform, so Central Bank reporting and prudential ratios are calculated from general ledger data.