General ledger reconciliation in SAP

General Ledger Reconciliation in SAP - Dis-Chem's Story With the BEST GL Recons and Clearing Modules Dis-Chem now automates 2 000 monthly GL Recons in SAP and clearing of 160 000 open items takes place monthly. No more manual excel for Dis-Chem. Dis-Chem presents their BEST story at Mastering SAP Financials 2021. See how Dischem: Has cleared large volumes of historic items with BEST GL Clearing resulting in: Reduced volumes of open items in month end recons Reduced time to reconcile Intercompany balances, allowing for [...]

We were able to record Chris Brooks' talk on how to automate General Ledger Reconciliation in SAP if you weren't able to make the Mastering SAP Financials Online Conference 2020 this year. Traditionally SAP users have had no option but to reconcile balance sheets and other GL accounts outside of SAP. This meant downloads to Excel or interfaces to 3rd party systems. Now personnel time can be saved by automating General Ledger Reconciliation directly in SAP, using BEST GL Reconciliation add-on module. No more [...]

Reconciling the SAP GL bank account to the physical bank account balance and statement can be a time consuming process. BEST provides an SAP add-on module for GL Reconciliations that reconciles all manner of GL (General Ledger) accounts including bank accounts. There are essentially two parts to the BEST bank reconciliation. Firstly a 3 way match of the main GL bank account in SAP, to the bank statement balance in SAP, then to the physical bank account statement balance. For example, bank statements are loaded [...]

Save time by automating GL reconciliations directly in SAP® software using BEST’s add-on module for SAP software. With the add-on module, it is no longer necessary to replicate data outside of SAP software.