BlackLine Nine^TM Process Optimization Library

To reconcile credit card sales raised via accounts payable and credit card settlements paid by the merchant

To accrue for expenses incurred for which the invoices have not yet been processed in the accounts payable subledger and posted to the general ledger

To record the accrual for clinical trials, R&D, and other invoices in pending status at the end of the period

To journalize bank transactions and reconcile cash disbursements bank accounts to the general ledger

To reconcile the accounts payable subledger by vendor to the general ledger with an analysis of aging

To reconcile the accounts receivable subledger and non-subledger amounts at a customer balance level to the general ledger

To allocate advertising expenses incurred to the appropriate sub accounts and generate an analysis to summarize allocations

To calculate the reserve for uncollectible accounts receivable, reconcile the account, and analyse period over period trends with the allowance

To consolidate doubtful debt from different inconsistent sources (Employees, Customers, Vendors) and record the journal for the provision and reconcile the account

To reconcile the accounts receivable subledger at a customer balance level to the general ledger; and calculate and record the allowance for bad debt and reconcile to the general ledger

To reconcile SAP bank clearing accounts, which includes postings from the AR subsystems (cash receipts) and postings from the bank, and incorporating remittances

To calculate the incentive/bonus accrual, generate the journal entry, and reconcile the account

To apply cash received to the respective AR accounts and forecast cash flows

To compare offsetting transactions in the cash clearing process, record journal entries to write-off small variances, clear the offsetting transactions in SAP, perform the account reconciliation, and provide visibility into aging of outstanding transactions

To reconcile the clearing accounts for the insurance providers (insurance company receipts compared to service charges for work performed) and record the journal entry to write-off small variances

To perform an analysis of the aging of claims receivables and identify aged items for follow-up