Journal entry (JE) is an essential element of the accounting craft. ReconArt, as a comprehensive account reconciliation solution, provides functionalities for journal entry creation and enhanced control. But let start form the basics. What is a journal entry? In the world of ...
ReconArt, a market-leading provider of data reconciliation technology, and PGi Technology Solutions, a reputable consultant in business process automation, have announced a strategic partnership to provide a comprehensive and powerful account reconciliation automation solution to ...
All companies have accounting operations. Inevitably, they do account reconciliation at period end and most likely it is bank reconciliation. It is safe to say that all businesses do bank reconciliation as their cash streams pass through the banking system. What is bank reconciliation? Every ...
AP / AR reconciliation (accounts payable / accounts receivable) can be regarded as mirror processes. In both cases, accountants perform side-by-side comparison of invoices against payments. Companies exchange with clients and suppliers money for goods and service. At period-end close, ...
ReconArt, an account reconciliation and financial close management solution provider, and 3RP Group, an Oracle NetSuite consultancy group based in the UK, are delighted to announce their partnership. We are joining forces to provide value-added services for NetSuite customers who ...
ReconArt, a leading account reconciliation and financial close management solution provider, has developed and launched API connectors with Mambu, top SaaS core banking system, to deliver superb end-to-end automated reconciliations for joint customers in the fintech, banking and financial ...
Recon Data Factory (RDF), an integration and data validation hub, takes end-to-end reconciliation automation to a new level. What does this mean for current and future ReconArt customers? As we have often said – we listen to our users very carefully. It is a mutually beneficial ...
Credit card reconciliation is an accounting process of double-checking and verification of credit accounts. The purpose of financial reconciliations in general is to demonstrate the accuracy and completeness of GL accounts through comparison to external transaction data sources. In ...
Account reconciliation deals with verification and double-checking of account balances. Accountants have done it for ages and predominantly manually. It is essential for validation of financial statement inputs. The importance of financial reconciliations done right has been growing ...
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