Subledger Reconciliation

What is Subledger Reconciliation?

Subledger reconciliation is the process of comparing and reconciling the balances recorded in the general ledger with the balances recorded in the subledgers of an organization.

In accounting, subledgers are subsidiary records that contain detailed transactions for a specific account or group of accounts. Examples of subledgers include accounts receivable, accounts payable, inventory, and fixed assets.

If you are among those businesses that still use manual accounting methods, then you should consider shifting to an automated accounting system.

HighRadius Integrated Receivables Software Platform is the world's only end-to-end accounts receivable software platform to lower DSO and bad-debt, automate cash posting, speed-up collections, and dispute resolution, and improve team productivity. It leverages RivanaTM Artificial Intelligence for Accounts Receivable to convert receivables faster and more effectively by using machine learning for accurate decision making across both credit and receivable processes and also enables suppliers to digitally connect with buyers via the radiusOneTM network, closing the loop from the supplier accounts receivable process to the buyer accounts payable process. Integrated Receivables have been divided into 6 distinct applications: Credit Software, EIPP Software, Cash Application Software, Deductions Software, Collections Software, and ERP Payment Gateway - covering the entire gamut of credit-to-cash.

Improve your efficiency with our order-to-cash templates such as - A/R Aging Report, DSO calculation excel template, A/R Dashboard excel template, credit scoring model for new customers, 21 Credit-collections email template, and Our Ebooks.

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