Loan and GL accounting solution for NBFCs and HFCs

R2S FinCore- Loan & General Accounting Solution

R2S Loan and General Accounting Solution offers a complete, integrated platform that combines loan operations with financial accounting. This ensures that every loan-related transaction is automatically recorded in the accounting books, maintaining accuracy and real-time financial visibility. System designed to manage the entire financial lifecycle of loans. It covers every stage, from loan disbursement to repayment, interest calculation, accounting entries, and detailed financial reporting.

Features of Loan & General Accounting Solution

1. Key Features of Accounting Solution

  • Support to General Ledger (GL) Accounting and Loan Accounting.
  • Manual, bulk upload, and automated voucher creation (Journal, Contra, Payment, Receipt) with Maker, Checker, Reversal, Cancellation workflow.
  • Group, Ledger, and Sub-Ledger (Party/Borrower-wise) accounting with Accounting Year/Period Open-Close controls.
  • Standard books: Cash Book, Bank Book, Day Book, Daily Cash Register, with detailed Ledger & Sub-Ledger statements.
  • Trial Balance reports — Ledger-wise, Sub-Ledger-wise, Loan-wise, Product-wise, Branch-wise.
  • Automated posting of loan disbursements, repayments, interest, penalties, waivers, write-offs & recoveries to GL, plus AR/AP management.
  • Financial reports: Balance Sheet, P&L Statement, Trial Balance, GST Reports.
  • Bank, Bank-to-Bank & Book-to-Book Reconciliation (manual/automated) with complete Voucher Audit Trail.

R2S loan accounting software – EMI and GL entries automation

Support GL & Loan Accounting

The system supports both General Ledger (GL) accounting and dedicated Loan Accounting on a single platform. Every loan transaction is automatically mapped and posted to the correct ledger heads.

GL AccountingAuto PostingReal-time

Journal, Contra, Payment & Receipt Vouchers

Create vouchers manually, via bulk upload, or through automated system-generated entries with configurable types and Maker-Checker approval.

Bulk UploadMaker-CheckerAutomation

Group, Ledger & Sub-Ledger Masters

Set up Group, Ledger, and Sub-Ledger (party/borrower-wise) masters to structure your chart of accounts, keeping every transaction fully traceable.

Chart of AccountsTraceability Party-wise

Accounting Period Management

Define Accounting Years and Periods with Open/Close controls. Locking closed periods prevents backdated or unauthorized entries.

Period LockAudit ReadyOpen-Close

Cash Book, Bank Book & Day Book

Access standard accounting books generated automatically from voucher entries — every cash and bank movement captured in real time.

Cash BookBank BookDaily Register

Ledger & Sub-Ledger Statements

Generate detailed statements with complete transaction history. Drill down from summary balances to individual voucher entries.

Drill-DownHistoryStatements

Trial Balance Reports

Pull Trial Balance reports sliced by Ledger, Sub-Ledger, Loan, Product, or Branch to reconcile balances and spot discrepancies fast.

Branch-wiseProduct-wiseLoan-wise

Balance Sheet & P&L Statement

Generate Balance Sheet and Profit & Loss statements directly from posted vouchers and ledgers — no manual consolidation required.

Auto UpdatedFinancial ReportsP&L

Vouchers Reconciliation

Reconcile Bank-to-Bank and Book-to-Book transactions with manual and automated matching to identify unmatched entries quickly.

Auto MatchBank ReconBook Recon

Voucher Audit Trail

Every voucher carries a complete audit trail — creator, approver, edits, reversals — with full user activity logs for fast audits.

Audit LogsComplianceApproval Trail

GST & TDS Report

Generate GST and TDS reports directly from your accounting data, ready for filing — tax computations stay aligned with ledger entries.

GST FilingTDSTax Ready

Regulatory & Compliance Reports

Produce regulatory and compliance reports required by auditors and regulators, drawing directly from your GL and loan accounting data.

StandardizedRegulator ReadyAudit Trail