MAN08 General Ledger

The General Ledger for version "N" is being implemented in two stages.

1. Muli traditional P&L and Balance Sheet presentation to allow Users to confirm correct conversion between old &new systems.
2. New SBR(Standard Business Reporting). A fully International Financial Reporting Standards (IFRS) compliant Balance sheet, Income statement and Cash Flow Reports.
    

1. Associated Documentation

   Conceptual overview of the Muli accounting principles:

   • Man 5301 Muli Accounting Framework
   • Man 5301.8 SBR Standard Business Reporting

2. Background to Muli Accounting

   The Muli principles, with its focus on project management for positive outcomes supports our customers' growth.  

   From the outset, Muli has integrated its proven project “Earned Value” process into the accounts framework. Muli has easily adjusted our accounts presentation to comply with the of:-

   • IFRS International Financial Reporting Standards
   • AASB Australian Accounting Standards Board

   Good business solutions are not just presenting the results correctly, but providing solid guideline processes to ensure business processes are completed in a competent Risk Mitigating managed process.

   Remember, the smallest business unit is a project managed business unit and the outcome is predictable.