Under the Report Auto-Pilot Service, we are currently offering a Journal Entry Module which runs any or all of the following reports:
Extract journal entries posted on weekends and holidays.
Extract debits in revenue and summarize by general ledger account.
Summarize journal entries by account and extract repetitive (more than 50 instances) and unique account sequences used in the journal entry (based on the first five debit and credit postings).
Extract general ledger transaction amounts (debit or credit) that exceed the average amounts for that account by a specified percentage (5x the average is the default).
Extract journal entries that equate to round multiples of 10,000, 100,000, and 1,000,000.
Summarize journal entries by enterer to assess the reasonableness of the invoice entry.
Extract nonstandard or manual journal entries (versus system created such as an accounts payable ledger posting) for further analysis.
Extract journal entries with key text such as “plug” and “net to zero” anywhere in the record.
Extract journal entries made to suspense accounts and summarize by enterer and corresponding account numbers.
Journal entries that are made below set approval limits, especially multiple entries of amounts below such limits.
Stratify size of journal entries.
Summarize general ledger activity on the amount field (absolute value of debit or credit) and summarize activity by account and the amount identified for the top 25 appearing amounts.
Extract journal entries that do not net to zero.
Summarize journal entry credits and debits processing by month and year.
Summarize journal entry credits and debits processing by day, month, and year.
Scatter graph general ledger account (debit and credit amounts separately) and numbers of transactions.
We are currently beta-testing an Accounts Payable Module and an Accounts Receivable Module. If you would like to take part in this test, we are offering discounts to our regular pricing for interested clients.
What Reports Are Run?
