What are our customers asking us
Q: Can I host AS-Lingo in my data center on my own premises?
YES of course you can. We have customers that have taken that choice. However,
- The Product is the Service and
- The Service is the Product
- There is no license charge for AS-Lingo
To deliver this service, we would require to have access to a test/development system at your data center. We would update AS-Lingo as it’s development continues, just as we would do this on your personal “Cloud” at the AS-Lingo-Data-Center which is included in the monthly service charge.
Important: We would not want access to your production system at any time under any circumstances.
Q: What is the organizational structure in accounting?
Client (XXX – e.g. enterprise or company). Clients can be grouped.
Division (XXX – e.g. company or affiliate). Divisions belong to a client.
These organisational elements can be extended using Dimensions
Q: What are the General Ledger capabilities?
A client is assigned an account frame – any chart of accounts is allowed:
- enterprise chart of accounts
A division uses a subset or all of the accounts predefined in the account frame:
- operational chart of accounts for each company
Each operational ledger is assigned to a country default ledger type
- (e.g. HGB for Germany, IFRS or US GAAP for USA)
Transactions can be posted to any number of additional ledgers according to the legislation of the country concerned or the purpose of the ledger (e.g. consolidation ledger).
Q: Is Multi-Currency supported?
Transactions can be posted to any account in any currency.
Two „local“ currencies are available:
- Local Currency I = Company currency.
- Local Currency II = Enterprise currency.
Foreign currency (any currency is supported) postings are always translated to local currency.
Exchange rates are maintained in the system by type and date.
Exchange rate profit or loss postings due to rate changes before payments are posted automatically in revenue or expense transactions.
Q: Foreign Language?
The default language in AS-Lingo is English
Foreign languages available: German
Next: French and Italian
Adding a new language is simple:
Only one language file for all language relevant objects
User Interface (displays) and financial statements / reports
Q: Consolidation Capabilities?
Default: Client Group, Client, Division
Using the Consolidation Ledger:
This is an example as implemented in AS-Lingo:
- Profitability Segments as mapped to GL-Accounts in the operational ledger:
- OrgUnit / ConsolidationID Country
- Ledger group / ledger / ledger type Ext. GLAccount
- Transaction type
All transactions to the general ledger inherit these defaults and can be overwritten/updated in each document during posting.
Any of these segments can also be target of a consolidation run.
The composition of these segments can be chosen freely by the AS-Lingo User.