Accounting Ledger
The Accounting Ledger in CargoWise is a core module that manages and tracks all financial transactions in logistics operations. It serves as the primary system for documenting financial transactions, including accounts payable, receivable, and the general ledger. The Accounting Ledger, which integrates with other CargoWise modules, guarantees that all financial data—payments, credits, invoices, and debits—is synced across the platform. Automating the recording and updating of financial data eliminates manual involvement and the possibility of errors.
This module enables firms to generate key financial reports such as profit and loss statements, balance sheets, cash flow reports, and reconciliation reports. These reports offer real-time insights into a company’s financial health, allowing organizations to make more educated decisions. The Accounting Ledger also makes financial reconciliations easier, ensuring that all accounts are balanced and inconsistencies are quickly recognized. With real-time updates and automated workflows, the Accounting Ledger enhances operatio