APRO GL Account Reconciliation for Oracle Financials TM is the user friendly solution for reconciliation of suspense accounts in Oracle General Ledger. Suspense accounts are used in every organization's General Ledger and at a certain moment the balance outstanding has to be clarified. If this takes place at the end of the financial year, it will be very labour-intensive. That's why many organizations reconcile the suspense accounts every month (or even every week or every day).

APRO GL Account Reconciliation is the standard solution for specifying balances of suspense accounts in an automated and user friendly manner. With only one click away you can provide your organization and your accountants with specifications of the suspense accounts balances. The APRO GL Account Reconciliation software is Oracle E-Business Suite Release independent. Your investment is also guaranteed for the future.

Main features

• With the setup of rules, which you can define yourself, different parts of the journal line description can be transformed into a reconciliation reference.
• Journal lines with an identical reconciliation reference can automatically be reconciled.
• Journal lines can be reconciled by amount. Even automatic reconciliation of e.g. 4 lines (or more) of which the total amount equals 0 is possible.
• Reconciliation can be performed based on all Oracle General Ledger reference fields (1 to 10) of the journal lines.
• Reconciliation on Oracle General Ledger reconciliation reference field.
• The activated reconciliation rules of the reconciliation set can be processed automatically by means of an APRO reconciliation service then can be scheduled to run for example every night.
• APRO GL reconciliation can also reconcile based on foreign currency amounts and automatically calculate rate differences and create journal lines for these rate differences. 
• The remainder of the automatic reconciliation can manually be accomplished by the user.
• Users can be authorized for closing a reconciliation set.
• Users can create reports that will specify the balance amount on the account at the end of a specific period by showing the unreconciled journal lines that add up to that amount.
• The manager of the General Ledger has disposal of real-time information about the status of the reconciliation at a glance, in figures and graphically.

 

• Per reconciliation set the manager can see how many journal lines are reconciled, unreconciled and how many journal lines are posted.
• The manager can also zoom in on the details of the reconciled and unreconciled journal lines.
• Installation and implementation of the APRO GL account reconciliation tool can normally be done within 3 days.