AUTOMATE GENERAL LEDGER RECONCILIATIONS IN SAP WITH BEST GL RECONS & CLEARING MODULES - NETCARE: A BEST CASE STUDY In December of last year, the Eventful Group hosted an online Webinar where Johan van Eck, a Financial Manager for Hospital Ledger and Integration Support at Netcare, presented how they managed to implement a solution to automate their General Ledger Reconciliations in SAP. Johan began the presentation by outlining shortcomings in their existing Balance Sheet Reconciliation process, and Netcare’s desire to address these through implementing [...]
Download the Full Newsletter on GL and Vendor Reconciliations in SAP with BEST for September 2021 here. CERTIFICATION & RECENT ADVANCES ON GL AND VENDOR RECONCILIATIONS IN SAP WITH BEST CONFERENCES/TALKS - 2021 BEST GL MODULES – PROJECTS BEST AP (Vendor Recons), BSR, BIR & BSP MODULES - PROJECTS INDUSTRY & COUNTRY LISTING CLIENT LISTING BEST is now certified on S/4HANA 2020 and re-certified on NetWeaver 7.50. BEST GL Clearing & GL Recons Module Enhancements: Two new additional fields, Posting Period & Fiscal Year, [...]
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 SAP bank accounts to a 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 SAP bank reconciliation. There are essentially two parts to the BEST bank reconciliation in SAP. Bank Reconciliation In SAP of the Main Bank Account 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 [...]
General Ledger Reconciliation in SAP. International SAP Conference on Intelligent Automation for Finance
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.