Rule-based Ledger Entry

<p>Rule-Based Ledger Entry<br><br>This workflow handles rule-based ledger entry and reconciliation. It focuses on 3 steps:<br><br>1. Application of general rules in our data. Examples are: we know specific records or categories should never be modified, therefore these need to be excluded from any adjustments or certain combinations of codes in our ledger data bank are invalid: these need to be updated. This is handled in our first step, taking into consideration of the guidelines already established in our financial institution.<br><br>2. Filtering of records: We take our prepared data in the first step and filter down all records that should be reconciled based in the information provided by another department. <br><br>3. Adjusting values: The worfklow maps the filtered down data table into an adjustment table and calculates the correct adjustment values.<br><br>The highlights of this workflow are that it can:<br>1. Access data from multiple sources<br>2. Apply rules and definitions automatically<br>3. Adjust values based on an adjustment table<br>4. Provide a range of deployment methods</p>