Accounting Data Capabilities

General Ledger

General ledger module for better accounting.

The TimelyBill general ledger feature serves as a central repository for your accounting data from all sub-ledgers, like accounts payable and accounts receivable. Our ledger component creates electronic double entry ledger records for every financial transaction. This data can be exported to external financial and accounting systems (i.e., QuickBooks), or used as an additional source of audit data.

  • User defined account codes can be up to 30 characters long
  • Ledger records traceable to the transactions that generated them
  • Every product definition can have its own account codes for RC and NRC
  • Every partner/agent can have its own account codes for A/P (commissions and residuals)
  • Prepaid products can create earned and unearned transactions as they age

READ OUR BLOG POST:

Accounting vs. Billing Software in Telecom

Telecom Billing Platform Trust Signals

Telecom expertise

Built by telecom billing professionals, TimelyBill is designed to handle the complexity of billing, invoicing, and customer management across real-world telecom environments.

Customer focused

We work closely with service providers to adapt billing workflows as products, usage models, and regulations evolve.