Finance - G/L Open Entries

The module G/L Open Entries is part of Continia Finance, the solution for dynamic finance departments using Microsoft Dynamics 365 Business Central. As an addition to the standard Business Central functionality Continia Finance enables you to post G/L accounts in the open item mode, familiar from customer and vendor ledger entries . This is indispensable for reconciling relevant accounts such as transitory items or cash transit.

The module allows building open entries on G/L accounts. Similar to the handling of customers and vendors, you can build open entries on G/L accounts. This feature can help you track things, such as payments in progress, inventory valuations, transit entries, interim and settlement accounts.  Furthermore, various reports and a standard export to Excel are available.

This module is beneficial, especially while working with clearing accounts, such as transit accounts.

The functions known from the accounts receivable and accounts payable open item management are also found here:

• Clearing options from all accounting journals
• Subsequent item clearing
• Partial reconciliation
• Closing date-related representation of open items

A report for automatic item clearing provides additional support if you want to clear interim postings in the debit cost procedure.