Coherent

Coherent is a front-end application that enables authorized users to modify GL accounts within transactions at a ledger level before generating Annual Financial Statements. With an intelligent search engine, users can easily find and re-align transactions to the correct GL accounts anytime, without the need for external consultants.

About Coherent

Coherent is an advanced front-end application designed to empower financial managers with the flexibility to make critical adjustments to General Ledger accounts within transactions at a ledger level, prior to generating annual financial statements. This powerful tool eliminates the need for external consultants, enabling users to align their financial data with GRAP standards by making precise corrections to transaction legs. Coherent ensures that these changes are fully audited, offering transparency and accountability. With no back-end manipulation of data required, Coherent provides a seamless and secure solution for managing financial transactions with ease and accuracy.

Explore the features of
Coherent

Advanced Search Functionality

Effortlessly locate transactions by Audit Trail, Date, References, Description, Account, or Amount.

Transaction Set Breakdown

View detailed breakdowns of affected accounts and make real-time adjustments, with restrictions on critical control and VAT accounts.

GL Account Selection & Modification

Seamlessly update GL accounts within selected transaction sets while maintaining system integrity through logged changes and automatic balance updates.

and many more...

Why choose Coherent?

Coherent is designed to empower financial managers with the flexibility to manage and correct financial transactions efficiently. Here's why it’s the ideal solution for your financial needs:

No Need for SQL Knowledge

You don’t need specialized technical knowledge to make changes to transactions. Coherent's user-friendly interface makes adjustments easy for financial professionals.

Complete Audit Trail

Every change made within the system is logged for auditing purposes, ensuring transparency and accountability in your financial management processes.

Reduces Auditing and Consultant Fees

By empowering your team to make changes independently, Coherent helps to reduce reliance on external consultants, saving your business money.

Reduces the Risk of Being Qualified

Coherent reduces the likelihood of receiving qualified audit opinions by ensuring your financial data is accurate and aligned with necessary standards.

Assists in Finding Imbalances in Your General Ledger

Coherent helps you identify and resolve imbalances in your general ledger, ensuring that your financial statements are accurate and complete.

Assists with Account Type Changes

Easily change account types between Income and Balance Sheet categories (and vice versa) without complex procedures, streamlining your accounting process.

Let's get in touch

Please feel free to contact us

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Contacts

Email: info@leopardgroup.org.za
WhatsApp: +27 (0) 81 559 0989
Telephone: +27 (0) 87 550 2576

Address

2 Ncondo Place, Ridgeside
Umhlanga Ridge
Durban
South Africa