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BlackLine’s Journal Entry module provides a controlled, template approach to centralizing manual journals. Companies can create, review, and approve journals, then electronically certify and store them with all supporting documentation. Journals can be posted to the general (or sub) ledger systems either on demand or in a batch on a schedule. Moreover, pre-posting validation means journals are not rejected from the general ledger due to entry errors.
High-volume reconciliations can be some of the most time-consuming and painful components of the financial close process. The need to tick-and-tie millions of individual transactions can occupy hundreds of hours each month. BlackLine’s Transaction Matching module can streamline and automate detail-heavy reconciliations, such as bank reconciliations, credit card matching, intercompany reconciliations and invoice-to-PO matching.
"Journal Entry" is part of the BlackLine Financial Close Suite line of products, developed by BlackLine.
BlackLine Financial Close Suite is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.