BlackLine Nine^TM Process Optimization Library

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

To analyze spend for projects in progress in comparison to approved amounts and to record the associated journal entry for assets held for sale

To identify credit card transactions that violate policy and may indicate potential fraud