Centralize your general ledger and journals across all entities using Newgen’s General Ledger Solution—built on a low code digital transformation platform—NewgenONE. Leverage pre-built configurable validations and approvals for each entity, ensuring that journals and general ledgers are posted without errors. Minimize overall turnaround time while getting accurate figures and effortlessly reconciling your accounts. Rely on customizable workflows to match the specific needs of each entity, ensuring that the process is tailored per your organization’s requirements. Integrate with other systems, such as ERP and CRM systems, to streamline the general ledger and journal posting process. Improve visibility and control over the general ledger and journal posting process, ensuring all entities follow standardized procedures.
Features of Newgen General Ledger Management Software
Journal Processing
Instant uploading and processing of journal vouchers
Configurable validation rules to avoid invalid journals
Dynamic change of forms, accommodating different journal types
Dynamic routing of approval (sequential/parallel) based on various parameters (entity, cost center, department, etc.)
Strong integration with ERPs/accounting systems for posting journals
Detailed audit logs
Fixed Assets
Digitized process for asset approvals to disposals
Centralized asset database
Photo tagging of assets and capturing of documents
Budget tracking for improved financial planning and control
Assets accountability and user mapping
Compliance adherence for asset transfers
Checklist-based asset audits
Detailed reports to offer contextual insights
Brands using NewgenONE Platform
