The LTS embeds an internal accounting module

• Internal accounting maintains the balance sheet and the income statement for the credit activity
  
• It interprets business events according to configurable accounting schemes
  
  • Credit disbursement, reimbursements, re-scheduling, degrading/regrading, provisioning…
    

This internal module can be linked to an external accountancy software very easily

• Detailed bookings can be extracted into a file automatically
  
• Accounts cross references can be used between the internal LTS accounts number and the account numbers of the external general ledger
  
  • E.g. Internal 1011 “Cash” maps to 10101 in the Tadjik chart
    

Most events impact accounting in real time

• Disbursements, repayments (normal, anticipated, bad loans & regrading) and rescheduling :
  

Daily, weekly or monthly closures generate bad loan degrading and write-off events :

• Automatically booking the required provisions if events are confirmed by the finance officer
  

Closures must be done regularly as they also change the LTS behavior :

• Bad loans are detected and highlighted
  
• Good loans can be rescheduled, not bad ones