TWIN IGL

Logica is introducing an Integrated General Ledger. The GL Module is an add-on module offered to all existing TWIN customer at additional license fee.

What is the TWIN Integrated General Ledger?

An Integrated GL offers the TWIN user the possibility to directly within TWIN receive complete Balance Sheet and Profit/Loss Statements for all financial items. The General Ledger is developed only for financial items with no functionality for Account Receivables, Payables or Salary.

What are the main features of the Integrated General Ledger?

• Balance Sheet reports
• Profit/Loss Statements
• Account Analysis with Drill-down functionality on
  – Booked balances – Booked transactions
• Build your own chart of account structures, account groups
• Possibility for separate chart of accounts for different legal entities in TWIN
• Chart of Accounts within TWIN with fast update
  – File import – Manual import
  – Clip-board import
• Improved validity checks/rules (always/optional/newer) for account dimensions
• General Ledger reports
  – Detailed information about accounts and transactions – Opening and closing balance on account
• Accepted views
  – Possibility to define Unrealized result per defined view – View example: Legal/Operational
• Early warning of missing translation rules during deal entry
• New interfaces to create realized and unrealized bookkeeping
  – Preliminary run to bookkeeping – Several new selections to bookkeeping