General ledger

Foundry Bean Global work system General ledger can help you deliver accurate and timely financial reports and close the financial book.

 
 
 
 
 
General ledger

foundry_bean_logo Chart of Accounts

FoundryBean Global Work System Accounting structure gives the organization the ability to showcase various accounting structure in a single company.

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foundry_bean_logo Account Generator

Account generator creates the accounting for the transaction and automates core accounting processes.

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foundry_bean_logo Journal and posting

Journals are automatically created from sub ledgers. Save time using data import for manual journals.

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foundry_bean_logo Consolidation

Roll up posted journals from subsidiaries automatically to consolidate financial results without manual adjustments.

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foundry_bean_logo Statements and reporting

Due to hierarchical accounting System , no need to change Statements and reporting when you add a new account or any financial data

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General ledger

General ledger is the core of Foundry Bean Global Work System. It is scalable, configurable and flexible enough to fit any size of the company. Whether you are single company , single location , single currency or multi-company, multi-location and multi-currency, Foundry Bean General ledger gives you all the ability to run your financial system all over the world compliant with all accouting and reporting standards. Foundry Bean gives accounting and finance professionals ability to maintain accurate and timely financial records and statements and close the books in a timely manner.

General Ledger
 
 
 
 
 
 
 
 

Flexible and scalable Chart of Accounts

Foundry Bean Global Work System is designed to make sure your organization can meet legal and organization objectives in a single system in a global workplace. Accounting structure is completely flexible enough to adapt to any business and accounting structure. Accounting structure consists of atmost 10 segments to properly orchestrate your financial information for the business transactions.

Chart of account
 
 
 
 
 
 
 
 

Flexible Account Generator

Foundry Bean Global Work System is designed to make sure transactions are independent of accounting methods. Account generator creates the accounting for the transaction and automates core accounting processes. Business transactions are linked with account generator so that it lets you control how general ledger transactions are created.

Foundry Bean General ledger provides standard account generator for all business transaction though you can customize to meet your business requirement.

Chart of account
 
 
 
 
 
 
 
 

Automated Account reconciliation

A General Ledger reconciliation module is designed to streamline all aspects of the account reconciliation process to ensure that all the accounts are reconciled in a planned manner. It automates the reconciliation between general ledger and transaction modules. Automated Account reconciliation system automatically reconcile data and shows the reconciliation result. If not reconciled it shows the unmatched records.

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Chart of account
 
 
 
 
 
 
 
 

Automated Month end process

Unique dash-board to control all month end processes and closing modules. Periods cannot be closed until pending transactions are processed and reconciled. General ledger transactions are automatically created from sub-ledger transactions. Month end dash-board shows the exceptions and ability to process the transactions from the dash-board. Once the exceptions are handled you can close the book. It confirms that all the transactions are processed in a financial period.

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Month end process
 
 
 
 
 
 
 
 

Translation , Revaluation and Consolidation

Foreign currency Translation , Revaluation and Consolidation helps organization combining financial data from several subsidiaries or business entities within an organization, and rolling it up to a parent company for reporting purposes.

Consolidation
 
 
 
 
 
 
 
 

Financial Reporting

Accurate financial reporting is an essential part of managing, organizing, and understanding your company's finances. While this concept may seem complicated and overwhelming, Foundry Bean Financial Reporting helps you automatically create and deliver financial reports.

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Month end process
 
 
 
 
 
 
 
 

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