Your Accounting Backbone, Built for Lending Operations
Every disbursement, repayment, charge, and accrual eventually has to land in the books correctly, on time, and audit-ready. Crego's General Ledger module turns operational events into accounting automatically, with full period control, posting discipline, and reporting built in. One ledger system that keeps finance, ops, and compliance on the same page.
Core Capabilities That Make Lending Accounting Work at Scale
These are the building blocks finance and operations teams need to run a controlled, auditable accounting system without spreadsheets, manual journals, or month-end firefighting.
Configurable Chart of Accounts
Set up your full ledger structure assets, liabilities, income, expenses with hierarchical grouping, bank-linked accounts, and lender-specific ledgers. Add new accounts through configuration as your business grows, no code required.
Component-Level GL Mapping
Define how every financial component (Principal, Interest, Penal, Charges, Accruals) maps to debit and credit accounts. Mappings can be global or product-specific, so different products can follow different accounting treatments without separate systems.
Controlled Posting Batches
Operational modules never write directly to the ledger. Posting Batches act as the execution layer validating mappings, periods, and duplicates before generating GL entries. Failed items are isolated and reprocessable without breaking the run.
Financial Period Control
Open, close, and lock accounting periods to enforce cutoffs. No transaction can be posted into a closed period, eliminating backdated manipulation and protecting period-end numbers.
Manual Journal Vouchers with Audit Trail
Post adjustments, corrections, migration entries, and reversals through controlled Journal Vouchers. Posted vouchers cannot be deleted only reversed through linked counter-entries, preserving full accounting history.
Trial Balance & GL Reports
Generate Trial Balance for summarised account-level validation and GL Reports for line-level ledger scrutiny. Both exportable to Excel or CSV for audits, regulatory filings, and reconciliation.
Who This Is Built For
The GL module sits at the centre of any lending operation that needs accounting discipline. Here's where it makes the most impact.
Banks & NBFCs
Maintain a single source of truth for all lending-related accounting disbursements, repayments, accruals, NPAs, and recoveries with the period control and audit trails regulators expect.
Fintech Lenders
Skip building an accounting engine from scratch. Plug into a ready-made GL with double-entry posting, mapping configuration, and reporting already in place.
Co-Lending & DA Operators
Handle multi-lender accounting where one transaction creates entries across multiple lender books, with shared transaction visibility and lender-specific ledgers.
Finance & Audit Teams
Run month-end and year-end closures with confidence open periods, post adjustments, lock the books, generate trial balance, and respond to audit queries from a single module.
Where Lending Accounting Breaks Down And How Crego Fixes It
These are the real accounting challenges lending operations run into. Here's how the GL module handles them.
Disbursement Hits the Books Automatically
A loan of ₹5 lakh is disbursed. The system identifies the components, fetches the GL mapping, and the next Posting Batch generates the double-entry debit Loan Asset, credit Bank with no manual journal needed
Month-End Closure Without the Scramble
Finance closes the period for March. The system blocks any new postings dated in March, the team runs Trial Balance to validate Debits = Credits, and locks the period. April opens clean.
Correcting a Mis-Posted Entry
A processing fee was posted to the wrong income account. Instead of editing history, finance creates a Journal Voucher reversing the original entry and posts a fresh one both linked, both visible, audit trail intact.
Year-End Adjustments
Auditors require accruals for interest earned but not received. Finance creates an adjusting period, posts JVs for the accruals, and generates a final Trial Balance reflecting both operational and adjustment entries.
Tracing a Suspicious Balance
A ledger account looks off. Finance opens the GL Report, filters by account and date range, drills into each line entry, clicks the Source Reference, and lands on the original loan transaction full traceability in three clicks
Migration During Onboarding
A new client goes live with existing loan balances. Opening balances are loaded into GL Accounts, migration JVs are posted to establish starting positions, and the books are ready before the first live disbursement.
Frequently Asked Questions
Find answers to common questions below.
Ready to Modernize Your Loan Servicing
From repayment scheduling to collections and closures, manage the entire post-disbursal lifecycle on a single platform.