Inspiration
General ledger (G/L) is the main accounting system in any financial institution. G/L reconciliation is a process of ensuring that accounts contained in the general ledger are correct. Issue arises when mismatch is seen in these accounts. When there is a break in G/L account, the challenge is to identify the record and the transaction causing it.
What it does
This tool will help us identify the problematic record in few seconds.
How we built it
Standalone JAVA program since our customers use different versions of our products.
Challenges we ran into
Accomplishments that we're proud of
The manual process of identifying the problematic transaction normally takes many hours will now take few seconds.
What we learned
What's next for GL Reconciliation
Implement this reconciliation process for all the G/L short names used in the product.
