ICS BANKS Departmental Accounts Tracking System
ICS BANKS Departmental Accounts Tracking System provides the facility for banks to track departmental accounts (pool accounts). The bank will define asset and liability ledgers and create items under these ledgers such as a bank that has more than one project under development, and all projects are maintained using one pool account, in this case the bank will define one ledger and define multiple items under this ledger that represent the projects.
Therefore, the bank will create transactions against the item such as initiation of the item, increase item amount, decrease item amount or close the item. The system also provides inquiries and reports that provides information of an item in addition to its status and balance.
For further information about ICS BANKS Departmental Accounts Tracking System, please do not hesitate to contact us at contactus@icsfs.com
