All 5 General Ledger Automation questions
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What is general ledger automation? What are recurring journals and how do they help? How do automated bank feeds and rules reduce work? What is a journal approval workflow?
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Accounting Software & Systems › General Ledger Automation

What controls are essential around automated postings?

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Answer

Approval workflows, restricted templates, segregation between who creates and who posts, exception reports, and reconciliation of automated feeds to source.
Auto-journal > threshold -> requires reviewer approval before posting
Real-world example Automation without approvals can push large errors straight to the ledger.
All 5 General Ledger Automation questions