BlackLine Nine^TM Process Optimization Library

Reconciles patient AR to the GL and computes the allowance to prevent overstating net revenue and receivables.

Reconciles the AR subledger to the GL for accuracy and calculates the bad debt allowance to ensure revenues and assets are not overstated.

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 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