BlackLine Nine^TM Process Optimization Library

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

To calculate and record an allowance for obsolete inventory, ensuring the value of inventory is accurately stated on the balance sheet.

To estimate and accrue a reserve for future warranty costs, matching expenses to the period of the associated sale.

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