Accounting makes an important part of any lending business lifecycle, as it becomes a source of future decisions and strategy milestones. On the other hand, lending activities make an important part of the business accounting process.

TurnKey Lender provides for a simple and coding-free way to set - up the export of the financial data in the form that would ideally match your existing accounting reports and functionalities, whether they are managed via a third-party service provider platform or run using the reporting capabilities of Excel.

In several simple steps, you can set up your own chart of accounts and a set of accounting journals that fully match existing accounting practices used by your financial depsdepartment. The created journals can be easily exported as .xlsx files (both upon an automated schedule and a manual request) or be sent to a third-party accounting service provider based on the integration.

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Managing the Accounting Functionality

As mentioned above, the accounting journals can be dedicated for internal usage within the company or for export to an external system.

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• Define what accounts the data shall be collected for (Chart of accounts) - if an inegration integration has been enabled, the chart of accounts is synced with the accounting service provider.

• Define what data shall be collected for the accounts and how it should be tailored to match your existing accounting procedures (Settings)

• View and manage the generated journals, in particular, download them as .xlsx files or, if the integration has been enabled, send them to the accounting service provider. provider. (Journals)

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