The Automated Accounting Framework provides a fully customisable automated accounting and reporting system for all companies and institutions in a web environment with state-of-the-art user interfaces. One of the outstanding features of the software is its ability to integrate with any analytics and peer system, making it easy to adapt to existing business processes and business models.
It can be used to extract reporting and accounting datasets from business management programs in a target-oriented way. The extracted data is logged by the program according to rules that can be managed in the user interfaces, and generates reports. The customisable, out-of-the-box software was designed and developed primarily on the basis of the experience gained in the financial accounting system of the Integrated Administration and Control System (Hungarian abbreviation IIER) of the Hungarian State Treasury, with the aim of putting the specific parts of the accounting system into the form of editable rules through interfaces, and of making the elements considered generic an integral part of the system.
The software, which is responsible for the accounting of more than 5-6 million items per year, currently manages more than a thousand parameterised economic events – qualified rules – which can be extended as required. The program can manage several general ledgers at the same time.