Accounting Budget and Cost

Accounting Budget and Cost is architected as a mainframe application running on z/OS. The primary components include: 1. **Data Entry Subsystem:** Handles the input of financial transactions and data.

2. **General Ledger Engine:** Performs core accounting calculations and maintains the general ledger. 3.

**Reporting Module:** Generates financial statements and reports. 4. **Budgeting and Cost Allocation Module:** Provides tools for creating and managing budgets, as well as allocating costs.

These components communicate through z/OS system services and data queues. Data is stored in DB2 or VSAM files. Batch processing, managed via JCL, is the primary method for data updates and report generation.

Security is enforced through RACF, which manages authentication and access control using an ACL model. Administration is performed using z/OS system commands and utilities. Monitoring is achieved through z/OS monitoring tools like Omegamon.

Configuration parameters are stored in configuration files or databases. Competing products may offer more modular architectures or web-based interfaces, but Accounting Budget and Cost leverages the reliability and security of the z/OS platform. The architecture is designed for high-volume transaction processing and data integrity, which are critical for financial applications.