|
|
Solutions
Here are a few examples of how SubLedger Plus can be implemented to streamline different
accounting cycles. SubLedger Plus always automates accounting from host systems
and maintains a general ledger reconciled subsidiary ledger for the accounts it
supports.
Investment Cycle
► read more |
|
|
Reconciled Accounts
|
Investments, cash, due and accrued interest, trade payables and receivables, other comprehensive income, interest income, realized gains
|
|
|
Sample Solution
|
Balances your general ledger to your investment accounting systems and reconciles par values daily. Detects security level analytical review variances in investment income and changes in GAAP to STAT book value relationships.
|
|
Billing Cycle
► read more |
|
|
Reconciled Accounts
|
Accounts receivable, cash, depository suspense, revenues, installment and late fees
|
|
|
Sample Solution
|
Balances your general ledger to your billing systems and bank accounts daily.
|
|
Insurance Transactions and Reserving Cycle
► read more |
|
|
Reconciled Accounts
|
Insurance reserves, premiums, benefits, interest credited to policyholders, policyholder charges, premiums, benefits
|
|
|
Sample Solution
|
Balances your general ledger to your policyholder administration systems, claims
systems, and reserve valuation systems and ensures proper matching of premiums and benefits with reserve valuation changes. Detects policy level analytical review variances in interest credited to policyholders and changes in GAAP to STAT valuation relationships.
|
|
Insurance Claims Cycle
► read more |
|
|
Reconciled Accounts
|
Drafts outstanding, cash, benefits, losses
|
|
|
Sample Solution
|
Balances your general ledger to your claims systems and bank accounts daily. Manages check status and detects errors like duplicate payments. Reconciles your outstanding check listing with the bank's outstanding Check Fraud Avoidance (Positive Payment) listing.
|
|
|
|
