Accounting Rules Engine
kiadó: a-solutions
Transform business events and accelerate transaction posting
With agility and accuracy in
mind, our team has developed a purpose-built extension to Microsoft Dynamics
365 Finance. The Accounting Rules Engine (a-RE) transforms business transactions/events
or financial transactions into accounting transactions, enhancing, and
accelerating the accounting cycle.
a-RE is part of a-solutions’ integration framework a-Finteg. It depends on a-Finteg for the source data in an a-Finteg Data Model. The outcome of a-RE are accounting transactions which are aggregated and posted in the General Ledger in D365 F&O. The aggregated transactions are subjected to GL verification rules (accounting structure, financial dimension values, dates, etc.). If all transactions pass this validation phase, the aggregated accounting transactions are posted in a journal in the GL. Before posting the General Ledger journal, based on the configuration, there is an out of the box functionality to submit the journal to a workflow approval process.
The link is
facilitating the data reconciliation and integration control capabilities along
with the intelligent integration log of a-Finteg.
KEY BENEFITS
Transform
business events
The out-of-the box functionality of a-RE
is to transform business transactions/events or financial transactions into
accounting transactions.
Aggregate
transactions and lower the number of postings in GL
The goal of aggregation of
accounting transactions is to lower the number of postings in the General
Ledger and on the other hand, to provide a link for drill down capabilities and
tracking between the posted transactions in the General Ledger, the accounting
transactions which are the outcome of the a-RE, and the product and financial
transactions that are the source data.
Enrich
transactions with additional financial dimensions
As part of the process, accounting transactions can be
enriched with additional financial dimensions. Users can choose and adjust the
financial dimensions according to their needs.
Big
data storage with disaster recovery capabilities
The a-RE data
with the help of a-Finteg is stored on Azure Data Lake Gen2 for reconciliation,
reporting and drill down purposes.
Advanced
reporting and data-driven insights using Power BI
a-RE is
connected to Power BI. The Power BI platform provides data driven insights with
advanced visuals and up-to-the minute analytics.
