Automated Journal Entries
Rules-based creation and posting of recurring, accrual, and adjusting journal entries, with approval workflows built in.
We treat chart-of-accounts design and consolidation logic as architecture decisions, not afterthoughts. Every general ledger solution we build is designed to close cleanly across entities, currencies, and reporting standards.
As a custom software partner, we ask the right questions early about entity structure, reporting requirements, existing ERP investments, and audit needs, so nothing pops up as a surprise mid-project.
As you add entities, currencies, or investors, we build a general ledger structure that keeps your books accurate without adding accounting headcount too early.
We help finance teams move off spreadsheet-based ledgers and disconnected accounting tools into a single system built around how your business operates.
For finance organizations managing multiple subsidiaries and reporting standards, we build general ledger platforms that consolidate cleanly across entities, currencies, and regulatory frameworks.
We’ll discuss your business goals, budget, and timeline. During this initial call, we’ll determine if you need end-to-end software outsourcing or another engagement model.
We’ll craft a plan outlining our approach, based on your requirements and the chosen engagement model. We’ll also assemble a team of specialists who possess the required technical expertise.
Our software engineers will get to work. Throughout the development process, we will track metrics and keep you informed about our progress to ensure you stay up to date.
Below, Svitla shares a sample feature set that forms the core of a general ledger solution. However, each real-life use case is unique, so functionality should be elaborated on and tailored to your business specifics.
Rules-based creation and posting of recurring, accrual, and adjusting journal entries, with approval workflows built in.
Automated consolidation of financials across subsidiaries, currencies, and intercompany transactions into one set of books.
A flexible, centrally managed chart of accounts that stays consistent across business units while supporting entity-specific reporting.
Structured close checklists, task tracking, and status dashboards that keep month-end and year-end close on schedule.
Machine-learning models that flag unusual entries, duplicate postings, or out-of-pattern transactions for review before close.
Support for parallel books under different standards (e.g., GAAP, IFRS) and automated currency translation.
Full transaction-level audit trails, role-based approvals, and segregation-of-duties controls built into every posting.
Automated generation of trial balances, balance sheets, and P&L statements, with drill-down to source transactions.
Answer a few simple questions and find out whether you should opt for a custom solution or a pre-built general ledger tool.
Do you need a chart of accounts structure or consolidation logic that off-the-shelf accounting platforms can't support out of the box?
Do you manage multiple entities, subsidiaries, or currencies that need to consolidate into one set of books?
Do you need to maintain parallel books under different accounting standards (e.g., GAAP and IFRS) at the same time?
Is your period-end close taking longer than it should due to manual journal entries or reconciliation?
Do you need AI-based anomaly detection to catch unusual entries before close?
Do you require deep integrations with specific ERP, banking, or subledger systems?
Do you need custom audit trail or controls structures for regulatory or investor requirements?
Do you plan to offer this ledger system to other businesses or clients as a product?
Thank you! We will be in touch soon.
In Svitla’s projects, we consistently aim to address the key factors that drive value and cost-effectiveness in general ledger software:
Automated journal entries and close checklists cut the time it takes to close the books each month.
Automated matching and anomaly detection reduce the manual errors that slow down close and audits.
Consolidated, standardized ledger data makes management and investor reporting faster to produce.
Built-in audit trails and controls reduce the time and effort needed to prepare for external audits.
Developing general ledger software is a multifaceted process that includes business analysis, solution architecture and design, development, testing, integration, and user training. At Svitla, the implementation of GL systems follows these key stages:
Analyze business objectives and gather detailed requirements for the GL system.
Define the optimal feature set, system architecture, and technology stack tailored to the client’s needs.
Outline the project scope, deliverables, timeline, budget, and team structure.
Our engineers build the general ledger platform according to the agreed architecture, covering journal entries, consolidation, and close workflows.
We test calculations, consolidation logic, and reporting to confirm the ledger produces accurate financial statements before rollout.
We migrate historical account balances, transactions, and chart of accounts data from legacy systems into the new platform.
We connect the general ledger with your ERP, subledgers, and reporting tools so postings sync automatically.
We train your accounting and finance teams on the new platform so they can close the books confidently from day one.
After the system goes live, we offer ongoing technical support to ensure stability and performance. We also implement enhancements and new features as your business and GL needs evolve.
Based on Svitla’s experience, average costs for building a custom general ledger solution vary from $400,000 to $1,000,000, depending on the solution complexity.
Want to understand the cost of your general ledger solution?
Calculate the cost
What Our Clients Say About Us
Discover how we rewrote a financial analytics app from scratch, boosting scalability, performance, and storage capacity. Our solution enables effortless feature expansion, remote database management, and flexible infrastructure choices for the client.
Learn how we improved a biotechnological company's QA processes by deploying a dedicated QA team and implementing Test-Driven Development and Continuous Integration, which reduced testing times and enhanced data visualization capabilities.
Uncover the ways we streamlined the testing process for a global tech leader's payment terminal software, introducing an automated framework and BDD-style tests that accelerated testing, enhanced quality, and reduced costs, enabling more efficient testing under various conditions.
Please answer a few quick questions about the GL solution you’re looking to build. This will help our experts better understand your needs and calculate a tailored quote much faster.
Thank you! We will be in touch soon.
With 17+ years of experience engineering financial software across dozens of industries, Svitla offers full-cycle services to deliver effective general ledger solutions.
General ledger needs analysis
Audit of existing accounting processes and chart of accounts (if any)
Recommending optimal GL system features, architecture, and tech stack
Preparing a plan of integrations with required systems (ERP, CRM, banking, tax)
Implementation project cost & time estimates, expected ROI calculation
GL solution conceptualization
Architecture design
GL system development
Integrating the solution with the necessary systems
Quality assurance
User training
Continuous support and evolution (if required)
Yes. We build general ledger solutions to integrate with the ERP, subledger, and CRM systems you already use, so journal entries, consolidation, and reporting stay in sync across your finance stack.
We treat data security and control design as architecture decisions from day one, applying access controls, encryption, audit trails, and segregation of duties throughout the ledger.
Yes. We work with finance and IT teams to migrate data and functionality from legacy or spreadsheet-based ledgers to a modern, automated GL platform with minimal disruption to reporting cycles.
We work with both: lean, single-entity ledger setups for growing businesses, and complex, multi-entity general ledger platforms for large finance organizations with established close processes.
Yes. After go-live, we offer ongoing technical support and continue to implement enhancements as your GL needs and business evolve.