Asset management system - importing data on original costs, depreciation, the current value of fixed assets, and associated revenues and expenses from the asset management system to GL software to create accurate records in asset, revenue and expense accounts.Accounts payable management solution - importing data on the amounts paid and due by a company, including payable tax amounts, realized gains and losses from foreign currency transactions from the A/P solution to GL software to create accurate records in liability and expense accounts.Accounts receivable management solution - importing data on the amounts paid and due by customers, realized gains and losses from foreign currency transactions from the A/R solution to GL software to create accurate records in asset and revenue accounts.
ScienceSoft suggests establishing the following integrations:
GL software integration with the relevant corporate solutions helps eliminate double data entry across disparate systems and ensures seamless recording, reconciliation, and reporting of financial transactions. Essential Integrations for the General Ledger System
