Finance - G/L Open Entries

Ease your auditing process with G/L open entries 

The G/L Open Entries module from Continia Finance is built for finance teams using Microsoft Dynamics 365 Business Central. With this module, you can create and post your G/L entries in open entry mode, similar to how you manage customer and vendor ledger entries. You can also easily track your ongoing transactions, such as payments in progress, inventory valuations, and various interim account postings. This tool is especially useful for reconciling accounts, such as transitory entries or cash transit. 

Key features 

• Activation flexibility: Choose to activate all entries on the account or only new ones as open entries. 

• Comprehensive overview: Instantly view all open entries and balances, providing a clear snapshot of the organization’s financial health and aiding in quick decision-making. 

• Detailed view of G/L entries: Quickly access all transactions for a specific reporting date, ensuring accurate and up-to-date financial statements. 

• Clearing and reconciliation: Benefit from the same clearing options available for creditors/vendors, including: 

• • Clearing options from all accounting journals 

• • Subsequent clearing of open entries 

• • Partial reconciliation 

• • Closing date-related representation of open entries.
    
    
• Automatic reconciliation: A report for automatic clearing of open entries provides additional support for clearing interim postings in the debit cost procedure. 

• Retrospective reporting: Display retrospective GLOE lists for comprehensive historical analysis. 

This module is designed to meet your financial management needs, making it easier for you to handle allocations, view specific entries, get clear overviews, and export reports. This ensures your finance team works efficiently and eases the auditing process.