SDK.finance launches real-time accounting module for financial firms

VILNIUS, Lithuania, SDK.finance, a software foundation for FinTech and payment products, has launched SDK.finance General Ledger, a real-time accounting module designed for banks, electronic money institutions (EMIs), payment service providers (PSPs), and other financial firms. This new tool is aimed at addressing the fragmented and often delayed visibility issues that arise as financial products expand across various payment rails, currencies, and customer segments.

Traditional financial platforms typically distribute transaction data, balance logic, and accounting processes across multiple systems, leading to inconsistencies and the need for manual reconciliation. SDK.finance General Ledger offers a solution by serving as an additional, standalone accounting layer that can be integrated into existing payment or banking infrastructure without requiring any replacements or modifications to the underlying product.

"We understand that financial businesses require a clear and immediate understanding of how every event impacts their accounts," said Alex Malyshev, CEO of SDK.finance. "Our General Ledger module is built to work seamlessly with the infrastructure a company already has, ensuring both technical and finance teams can operate from the same financial truth."

The new module translates business events from core banking systems, payment platforms, digital wallets, or other transaction engines into balanced double-entry journal entries. This process provides a consistent, real-time, and auditable system of record, while allowing companies to retain their existing transaction infrastructure.

Key features of SDK.finance General Ledger include: - Automated conversion of business events into balanced debit and credit entries - Real-time account balances and turnover reporting - Configurable chart of accounts, accounting determinations, and mapping rules - Immutable posted entries and reversal-based corrections - Support for both fiat currencies and digital assets, with precision up to 18 decimal places - Role-based access control and a traceable audit history - Integration through Kafka and REST APIs - Standalone deployment alongside existing core banking systems, payment platforms, or transaction engines - Source code access for organizations requiring greater control and customization

The module is particularly useful for organizations that need to accurately account for high volumes of financial events across multiple products, currencies, or systems. Typical applications include banks and EMIs, PSPs, digital wallets and neobanks, remittance and payout platforms, embedded finance providers, and digital asset businesses.

SDK.finance General Ledger can be deployed as a standalone module or combined with the company's SDK.finance Transaction Platform, offering financial businesses the flexibility to add a specialized accounting capability while preserving their existing customer journeys and operational infrastructure.

With over 15 years of industry experience, SDK.finance provides a modular software suite that helps banks, FinTech companies, EMIs, PSPs, and enterprises build, modernize, and scale digital financial services. The company combines pre-developed transaction and accounting capabilities, flexible deployment options, and source code access to enable businesses to customize their financial infrastructure, maintain control over product development, and reduce long-term vendor dependency.