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[Brad Reeves]

We currently reconcile on a monthly basis our balance sheet accounts.  We do this with excel and keep a paper copy of this and any supporting documents in a file for each.  We are exploring ways to go paperless.  Does one have any software solutions you use to do this?  We have about 80 accounts that we reconcile on a monthly basis.  Many are not difficult to balance so we’re just looking for mainly a way to reduce the paper flow and have an electronic workflow so we can track the submission by those completing the reconciliation and the approval by the appropriate person.  Just curious if anyone else is using a software solution and do you recommend it.

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Brad Reeves
Manager – Finance
Bill And Hillary Clinton National Airport
Little Rock AR
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[Ludwig Reinhard]

Hi,
If you are just looking for a solution to create workflows and store reconciliation documents, probably have a look at MS Flow in combination with SharePoint or another DMS that can store the reconciliation documents.
Best regards,
Ludwig

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Ludwig Reinhard
Sycor
Goettingen
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[Chad Back]

Check out Blackline – The Unified Cloud for Accounting and Finance | BlackLine. 

We don’t represent or have a financial interest with them, but have seen clients implement with success around account reconciliations.

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Chad Back
cback@bkd.com
BKD, LLP
317-748-0728
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[Patricia Allen]

?If you are Dynamics 365, you may want to look at period end close. I was recently at a presentation in Dallas where this functionality was presented.  Basically it appears you set up a period end close for the month, list the tasks, who it is assigned to, and is updated as the tasks are completed.  Something I intend to look at for a month end close as you presented.
Have a do anything hands on yet.. just now migrating from R3 to begin the gap analysis phase.

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Patricia Allen
County Auditor
Walker County Texas
Huntsville TX
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