Built for adaptability, Ledgers enable companies to meticulously arrange and oversee their financial information, providing clarity and scalability as your business grows.

Midaz Ledgers equip organizations to organize their financial processes with assurance and accuracy. Begin crafting your Ledgers today to gain unmatched control over your financial records.

Multiple Ledgers for Seamless Organization

Midaz provides the capability to create multiple Ledgers for each organization, offering enhanced flexibility and control. This feature is particularly beneficial for companies with diverse operational needs, such as separating financial records by country, department, or specific business function.

Example Use Case

Consider a global enterprise with business in multiple regions:

• Ledger 1: US Business
• Ledger 2: EU Business
• Ledger 3: APAC Business

By using separate Ledgers, the company can maintain region-specific transaction records, tax considerations, and currency settings while retaining a unified oversight of all operations.

Customizing Ledgers for Specific Needs

One of the standout features of Ledgers in Midaz is the ability to tailor configurations based on individual requirements. For example, the same asset can be configured differently in separate Ledgers:

Example
To represent Bitcoin (BTC) with unique settings across Ledgers:

• Ledger 1: BTC with 10 decimal places
• Ledger 2: BTC with 20 decimal places

In this case, you simply create the BTC asset independently in each Ledger, applying the necessary configuration.

This approach enables granular control over asset management, aligning with specific operational or regulatory needs.

Benefits of Using Ledgers in Midaz

• Enhanced Organization: Maintain clear and distinct financial records tailored to various aspects of your business.
• Custom Configurations: Adjust asset settings, currencies, or other parameters per Ledger to meet localized or departmental needs.
• Scalability: Easily add or modify Ledgers as your organization grows or diversifies.
• Transparency: Gain comprehensive insights across all financial activities, with each Ledger contributing to a cohesive operational picture.

Managing Ledgers

To manage your Ledgers you can use the Ledgers API or the Ledgers page on Midaz Console.

View Ledgers Details

• Via API:
  • To view the details of all Ledgers, use the List Ledgers endpoint.
  • To view the details of a specific Ledger, use the Retrieve a Ledger endpoint.
• Via Console: Access the Ledgers page to view the detais of a Ledger. For more information, refer to the Managing Ledgers page.

Create a Ledger

• Via API: Use the Create a Ledger endpoint.
• Via Console: Create a ledger from the Ledgers page. For more information, refer to the Creating the First Ledger or the Creating a new Ledger pages.

Edit a Ledger

• Via API: Use the Update a Ledger endpoint.
• Via Console: Edit Ledger details from the Ledgers page. For more information, refer to the Viewing and Editing a Ledger page.

Delete a Ledger

• Via API: Use the Delete a Ledger endpoint.
• Via Console: For now, you cannot delete a Ledger via Console.