Posting Generation

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Challenges

Subledger plays a central role in the consolidation of local GAAP and IFRS information

In the context of IFRS measurement and hedge accounting under IFRS, the subledger generates additional measurements and posting information. Subsequently, this information must be made available to the general ledger. In doing so, both local GAAP and IFRS views must be taken into account.

Solutions

Flexible overview of business transactions, portfolios and postings from local GAAP and IFRS perspective

The Posting Generation module offers you a flexible solution for generating bank-specific posting records for IFRS business transactions. This includes the following features:

Multi-GAAP: calculation of key figures according to various accounting standards at individual contract level
Parallel, single-transaction-based storage of data sets in line with local GAAP and IFRS
Creation of posting records and business transactions for transfer to the general (IFRS) ledger and partial import into local GAAP ledgers
Flexible switching between business transactions, portfolios and general ledger postings possible
Object accounting (values managed on the level of individual financial instruments and balance sheet/P&L items)

Benefits

Easy creation and analysis of postings via a graphical interface
Flexibly configurable rule set enables the representation of individual rule sets and customer-specific charts of accounts
Manual entry and cancellation of business transactions possible
Audit-proof, automatic documentation