How GreenLine Works

IMPORT!

General Ledger transactions for a single financial period are exported from your ERP/Accounting system and imported into GreenLine.

RECONCILE!

Recon tasks are selected by relevant Preparers and completed. Checkers are notified when recons are ready for checking.

REVIEW!

Checked recons are presented to internal and external audit staff for review. Disapproved recons are routed back for correction.

Import From ERP

General Ledger transactions for a single financial period are exported from your ERP/Accounting system in a simple flat file format
Any ERP or Accounting system that can generate a flat file of GL entries for a specified financial period, is supported
Import is then run against the exported file
During the import process vital checks and matches are performed on the transactions
Our matching process also highlights spurious accounts originating from your ERP system
Once all checks are passed the new period data is imported

Reconciliation and Checking

Recons are pooled at a Company or Branch level
They are then allocated based on the company they work at as well as other internal company rules
Individual recons are claimed by a relevant Preparer at that level
After the Preparer has completed work on a recon it is sent to a local Checker

Checkers are notified as recons are ready for them to review
Checked and verified recons are moved to an Approver for audit
Recons that still require work are returned to the relevant Preparer for correction

Completed and checked GL reconciliations are sent to Approvers for review
Each approver is notified as a account is ready for review
Supporting documents are attached to each account and can be opened at a click
Rejected accounts are sent back to the responsible Preparer and Checker team for correction
Once all accounts are finalized the period can be locked to prevent any changes to the audited data