The Account Management application component is responsible for the management and processing of the statutory reporting figures. It provides information about the receivables and payables between a bank and third parties. The accounts, balances, and payment items are managed in the Account Management system. The currencies of the balances are strictly separated, meaning they are not valuated. It is possible to make postings with a currency other than the account currency. In this case, currency translation takes place and foreign exchange position postings can be generated. The positions form the basis for external financial reporting, meaning that the contract and turnover data stored here represents the data basis for the creation of the balance sheet. One key processing function of the Account Management system involves the interest settlement and charge calculation for the accounts.

This component comprises the functions you need in banking for the management of customer accounts, such as for account contracts, account turnovers, or account settlements. In addition, you can manage cards, such as credit cards or customer cards.