Automate and post journal entries right first time with Aico.

Most of the journal entries in our company occur within few days during the financial close. Often it leads to overtime work and stressful conditions for our accountants and controllers. The feeling of rush makes our team cut corners with the journal audit, internal controls and approval requirements. Our accountants create and post journals using Excel spreadsheets and ERP systems, which results in a lot of repetitive manual work. This, in turn, makes the process slow and prone to data entry errors. 

Features

• Journal Templates: Start journal postings simply by uploading your spreadsheet report into the Aico template or create one from scratch by fil
• Journal Validation: Retrieve and validate accounts, cost centres, project codes and other parameters against your ERP system with a click of a button directly from the Aico Journal Entry template. 
• Approval Workflows: Trigger up to three levels of Journal Entry approval workflow based on the journal type, value and other parameters. Follow the workflow in real-time from your live dashboard. 
• Automated Postings: Automate accruals, reversals and recurring Journal Entries with ease. Aico’s configurable no-code automation rules are simple and easy to adjust on the fly
• Easy Audit: Find all your Journal postings from Aico’s archive by various search criteria filters. Check for the status of any journal and other workflow-related data and drill down into individual journal details.