Automate your General Ledger account reconciliation
The standard Oracle General Ledger functionality for reconciling accounts is poor, and many companies still use Excel for this. Downloading the data from Oracle and entering the details elsewhere, is a time-consuming process, and extremely susceptible to errors. Moreover, many users have their own style in Excel, making account reconciliation a highly user dependent process.
APRO GL Reconciliation
The APRO GL Reconciliation module offers numerous ways of reconciling accounts without any of these difficulties. Thanks to its full integration with Oracle E-Business Suite, this module completely eliminates the need to use Excel and the associated errors and user-dependency. 24/7 automatic processing means users can find better ways to spend their time than tinkering with Excel formulas, while clear management overviews keep the process transparent for the management.
Process
So, how does this solution work? The APRO GL Reconciliation module replaces Excel for the full reconciliation process:
- The system takes its data straight from Oracle General Ledger.
- The user can choose to have the system reconcile the accounts on amount, Oracle General Ledger reference fields, payment batch or an APRO defined reference that can be created via the journal description. APRO GL Reconciliation offers the possibility to combine the journal description with the original description from Cash Management to improve the matching.
- The module automatically journals rate differences for foreign currencies.
- Real-time management status overviews and balance specifications for all accounts guarantee a transparent, traceable process for management and auditors.
Quick, Easy, Efficient
A simple, automated solution. The APRO GL Reconciliation module is an intuitive, quick and user-independent application that is fully integrated with Oracle E-Business Suite. This clear system dispenses with the need for manual interference by streamlining your reconciliation process. It will save you time, money and significantly reduce the risk of mistakes. Get more out of your Oracle E-Business Suite: