Multi-Currency Accounting (core banking)

Multi-currency accounting is the core of macrobank4 software system. This subsystem is designed to keep records of all customer transactions and transfers between accounts in different currencies in real time. This is the base for all other modules and subsystems of macrobank4. Core subsystem simultaneously supports any number of charts of accounts and general ledgers.

Functions

• Keeping charts of accounts
• Handling customer accounts
• Working with customers
• Working with customer groups
• Keeping general ledgers
• Recording transactions
• Generation of statements
• Generation of basic reports (balances, balance turnover sheets)
• Adjustment of templates for outgoing messages
• Changing user profiles
• Handling currencies and exchange rates
• Reference books available
• System administration (permissions, logs of events)
• Audit trail

Main Features

• Simultaneous support of several charts of accounts and general ledgers
• Interaction with all types of accounts
• Automated calculation of exchange rate difference for all current accounts
• Simultaneous support of several exchange rate reference books
• Automated control of minimum account balance for all accounts
• Flexible adjustment of the system's work stations and user permissions
• Effective tracking of operator activities, audit trail during business hours
• Real time generation of account statements, balances and other basic reports