Financial Close
Intercompany Cash Clearing
Review the cash clearing to IC AR, AP posting and create journal entries for matched items.
Financial Close
Review the cash clearing to IC AR, AP posting and create journal entries for matched items.
Automatically extract Cash Clearing GL Line Items across multiple entities directly from ERPs.
Utilize predefined algos to identify exact matches and potential matches within tolerances for one-to-one and one-to-many transaction clusters.
Automate the creation of reclass journal entries for matched items to corresponding Intercompany AR and Intercompany AP GL accounts.
Configure the format of the journal output file based on your specific ERP requirements.
Complete the reconciliation process by having the clearing document number automatically posted in the ERP when the clearing journal is posted.
