The Fiserv general ledger
provides CITIC with a comprehensive, countrywide, up-to-date understanding of its financial position at the start of business each day.
If such a conclusion is not reasonable based on a review, the account should be timely reconciled so the company can incorporate identified general ledger
adjustments into its earnings release.
Although many companies have a common chart of accounts for consolidated financial reporting purposes, determining the specific book income/loss that relates to the line item categories required on the proposed form would require analysis at the transaction level using the underlying general ledger
The CrossTie General Ledger
solution accesses data from the DataYard data warehouse, summarises all detailed transactions mapped to the established chart of accounts and produces monthly uploads to a range of enterprise-level general ledger
platforms such as PeopleSoft, SAP, SAGE and QuickBooks.
The parent company then must either incorporate each additional account code into its own general ledger
for consolidation purposes or develop a complicated consolidation table to convert each subsidiary's accounts.
Modules include Registration/ADT, Waiting List, Billing/Accounts Receivable, Acute Care Billing, Physicians Billing, Home Healthcare Billing, Outpatient Billing, Adult Day Car Billing, DME Billing, Trust Fund Accounting, Payroll, Human Resources, Accounts Payable, General Ledger
, G/L PC Analysis/Graphics, Daily Charting/Forms Tool, RUGs, MDS 2.
Create a database table and map (assign or cross-reference) each general ledger
account to the appropriate XBRL taxonomy element.
Specifically, we believe the IRS should eliminate the reconciliation of the taxpayer's detailed general ledger
to specific line items on the tax return.
The general ledger
system is Dun & Bradstreet Millennium running on an IBM mainframe.
sees clear benefits from the technology, "Manual preparation of SEC filings can be automated through simple tagging through the general ledger
," he says.
Most companies lump M&E expenses in one type of general ledger
G/L Tie-Out Manager -- ensures that all reconciliation documents tie out to final general ledger
balances; alerts finance executives to top level, fraudulent, and erroneous late adjusting entries.