Audit & Account Reconciliation
Crucial for financial accuracy, yet ERP systems often fall short in this area. Many businesses face challenges with reconciling control accounts and stock balances.
With dedicated dashboarding reports, such as Goods Received Not Invoiced (GRNI) and stock reconciliation, swiftly identify reconciliation discrepancies.
Why it’s important
Audit and reconciliation is essential for the accuracy and integrity of financial data. Without it, your dashboards and KPIs may look beautiful – but they’re also wrong.
A crucial aspect of double entry book keeping in the modern ERP, are the control accounts in the General Ledger. These should reconcile to your subledgers (AP, AR, Fixed Assets etc)
FastClose | Customers: 70 + | Locations: North America, Europe, Australia | Cloud: Yes | On-Premise: Yes
Free Trial: Yes | Web: www.FastClose.UK | Email: Info@FastClose.uk | Phone: +44 208158 3520
