Transaction Level General ledger
Application scenarios and overview
The Transaction-Level General Ledger solution for financial enterprises under VBM (Value-Based Management) provides a comprehensive transaction-level accounting platform specifically designed for financial enterprises. It comprises with products of Transaction-Level General Ledger, Account-Level General Ledger, New Accounting Standards, Comprehensive Tax Management and Enterprise Digital Brain etc.
“VBM---Transaction-Level General Ledger” is a next-generation general ledger system designed specifically for the financial industry. It is account-based and integrates features such as transaction data collection, accounting engine, multi-dimensional accounting, general ledger book system, accounting and management report, consolidated financial statements and annual settlement etc. The system aims to enhance the precision of accounting and management for financial institutions. By separating transaction processing from accounting, it meets the needs for finer granularity and more dimensions in management, providing data support for refined financial management.
Architecture and main functions