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 need to replicate data outside of SAP, whilst using the existing SAP security and authorisations to ensure the highest level of audit controls.

Open item clearing in SAP is also often time consuming with a high level of manual matching and multiple screens to be processed by users. BEST GL Clearing add-on module enables automated clearing across company codes, GL accounts and different fields. Advanced matching algorithms mean high automated matching rates.

In this interactive demo held at the Mastering SAP Financials Conference, see how it can all be automated inside SAP, within the existing SAP controls & take home tips on:

  1. How GL Reconciliations can be automatically performed in SAP.
  2. How Open Item Clearing can be automated in SAP.
  3. Optimising your existing SAP function to save personnel time, improve audit controls and financial reporting.

More info on How to speed up your Month End Financial processes directly in SAP.

Click here to view the full Mastering SAP Financial Online Conference 2020 recording by Chris Brooks, Account Reconciliations Architect at BEST.