Manual Entries

When errors are detected during period close, corrections are often made directly in operational systems. This requires back-and-forth with multiple stakeholders, risks misunderstandings, and demands additional updates in the consolidation process. Our solution simplifies this by allowing you to post corrections across all group companies—or in dedicated virtual companies—in real time. Automatic reversals are created for the next period, ensuring accuracy and compliance without manual intervention.

Managing group records in spreadsheets creates documentation and compliance challenges. Posting them in separate ERP companies adds unnecessary complexity. Our Manual Entries module offers a better way: post records in dedicated virtual companies, fully synchronized with the associated verification journal.

Traditionally, posting group transactions that need reversing in the next period is time-consuming—missing vouchers and recurring entries add complexity, whether amounts change or stay the same. Our Manual Entries module simplifies this process. Automatically reverse transactions in the next period, repeat postings, or enter amounts based on a posting voucher—just by selecting a transaction type.

If additional postings or corrections are entered only in spreadsheets, they often fail to meet formal accounting requirements. Our Manuel Entries module ensures every entry is documented in a posting journal, which can be exported to an ERP system, data warehouse, or reporting tool.