GL Chart of Accounts
Configure your chart of accounts, account hierarchies, and cost centres — all platform transactions map to the correct account automatically.
The GL Chart of Accounts module is where you define the accounting structure that underlies every automated journal entry in the platform. Set up your account hierarchy — assets, liabilities, equity, income, and expense — configure the posting rules that map each transaction type to the correct accounts, and define cost centres for segment-level reporting. Once configured, the GL runs itself.
Everything you need, nothing you don't
Custom Account Hierarchy
Define your chart of accounts in any structure — with up to 10 levels of parent-child relationships. Group accounts into reporting classes for automatic aggregation in financial statements.
Transaction Type Mapping
Map each platform transaction type — loan disbursement, repayment, fee income, penalty, write-off, airtime sale — to the correct debit and credit accounts. The mapping runs automatically on every event.
Cost Centre Definition
Create cost centres for branches, departments, products, or any organisational unit. Transactions are automatically allocated to the correct cost centre based on their origin.
Account Types
Define each account as asset, liability, equity, income, or expense — with the correct normal balance direction and financial statement classification for automatic P&L and balance sheet generation.
Multi-Currency Accounts
Configure accounts in specific currencies — a USD cash account, a ZWG suspense account — with automatic revaluation at period end using the GL currency management module.
Account Status Controls
Activate, suspend, or close individual GL accounts. Suspended accounts cannot receive new postings — useful for decommissioning old product lines without deleting their history.
Intercompany Accounts
For multi-entity organisations, define intercompany accounts for eliminations in consolidated financial reporting — with posting rules that automatically use these accounts for cross-entity transactions.
Import from Existing CoA
Import your existing chart of accounts from a CSV or Excel file — with a column mapping tool to align your existing account codes and names to the platform's account structure.
Built for your team
Define the accounting structure that ensures every platform event posts correctly to the right account — making your monthly close a matter of review rather than data correction.
Set up cost centres and account hierarchies that give you the segment-level P&L reporting your business needs — without relying on a separate management accounts spreadsheet.
Review the complete chart of accounts, posting rules, and account balances — with drill-down from any account balance to the individual journal entries that make it up.
Often used together with
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