Phoebus unified ledger to hold ALL financial transactions in a single, integrated transaction set. Posting to all functional ledger areas - General ledger, receivables, and payables – happens simultaneously, staying in sync in real time. This means no more need to reconcile - control accounts, transfers to other ledger books, hidden background process reviews, and reconciliation of imbalances are a thing of the past - and the data is available for reporting and analysis the moment posted.