OVERVIEW

The general ledger is the backbone of UltraData® Enterprise. As such, UltraData Enterprise Back Office solutions help streamline and automate the process to ensure accurate posting to and updating of the general ledger. Within these solutions, you can post monthly provisions for loan loss, replenish undivided earnings, net income to undivided earnings and regular reserves. Posting of batch recurring entries can take place automatically, and dividend and interest accrual processes can be accomplished using standard batch processes that automatically update the general ledger.

UltraData Enterprise Back Office provides your credit union with:

• Back Office Processing 
• Accounting Processing
• Branch and Department Accounting
• Accounts Payable
• Asset Register
• Bank Reconciliation

UltraData Enterprise Back Office enables your credit union to:

• Streamline departmental processes by automating many of the daily, monthly and yearly processes performed
• Improve control
• Increase productivity
• Reduce training