Locks the data for the accounting month to prevent future changes
Step 2
Post the Gross Profit Statement
Includes all journal entries for each sales channels month-end results, posted with the click of a button
Step 3
Approve A/R Reconcilation
MarginDriver compares it's month-end results against 3rd party balances in the general ledger and reconciles it's data autonomously to ensure all systems agree.
Step 4
Post the A/R Reconcilation
Adjustments that confirm the data in MarginDriver agrees with your general ledger
4 Step Monthly Accounting
Step 1
Close the Accounting Month
Locks the data for the accounting month to prevent future changes
Step 2
Post the Gross Profit Statement
Includes all journal entries for each sales channels month-end results, posted with the click of a button
Step 3
Approve the A/R Reconciliation
MarginDriver compares it's month-end results against 3rd party balances in the general ledger and reconciles it's data autonomously to ensure all systems agree.
Step 4
Post the A/R Reconciliation
Adjustments that confirm the data in MarginDriver agrees with your general ledger