ERP Finance

Account & Inventory Reconciliation

Accelerate your monthly and annual closing and have your logistic inventory match your accounting inventory.

About Account & Inventory Reconciliation

Cadran has developed the Reconciliation module especially for the ERP-package Oracle JD Edwards. It allows you to match journal entries (and inventory transactions) automatically, while the information is recorded in Oracle JD Edwards, ensuring that the balance of the suspense accounts and inventory accounts is always kept up-to-date. Variance can be corrected by creating a correcting journal entry with just one click! By combining multiple accounts into a single reconciliation process, more complex process like validating intercompany transactions, can be monitored as well.

With the included inventory reporting you will also have an accurate view on your inventory per financial period. The build-in inventory integrity software supports an automated periodic integrity check, so you will know if your inventory is reliable, both for the quantities as for total value. For ad-hoc inventory reporting requirements, there is the option to calculate the inventory as of a date (even mid period), both for the on hand as the financial inventory.

This will save you time and money in your financial close process, preparing your financial statements and audit process. It will help you reduce errors in your G/L and optimize your processes. With over 20 years of experience, Cadran Consultancy is highly qualified to support you with this process

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Cadran - Henny Berends

Henny Berends

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More about Account & Inventory Reconciliation

Fully integrated within your JD Edwards environment(s)

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Account & Inventory Reconciliation is developed with the Oracle JD Edwards tool set and integrates seamlessly with your JD Edwards environment(s).

  • Launch applications and reports from within you own JD Edwards environment(s)
  • The user interface your users are familiar with
  • No additional servers or databases required
  • No data storage outside your organization
  • No external access required from 3rd party systems
  • Data accessible form your own reporting tools
  • Available in all your JD Edwards environments
  • Control your software updates
  • No additional application maintenance effort
  • Secure access like any other JD Edwards application (using standard JD Edwards security)
  • Use standard available JD Edwards tools, e.g. queries, personalized grids, watchlists, notifications and orchestrations.