Product / accruals and prepaids automation

Accruals and prepaids on a schedule you set once

Recurring accruals and prepaid amortisation are the definition of work that should run itself: the schedule was decided when the contract was signed. Yet every month someone reopens the schedule, computes the entries and posts them by hand.

How it is done by hand today

1. Maintain a schedule of contracts, amounts and periods in a spreadsheet.
2. Compute this period's accrual or release for each line.
3. Post the entries and the reversals.
4. Reconcile the prepaid and accrued balances to the schedule.

What the runbook does

1. Reads the schedule from a table you own, or from the contracts themselves.
2. Computes the period's entries and posts them as drafts on close day two.
3. Reverses accruals next period automatically, with a named approver on anything above a threshold.
4. Reconciles the balance sheet accounts to the schedule and flags drift.

What it costs you today

Hours per close on the schedule and the entries, plus the reconciliation at quarter end. Usually smaller than payouts or commissions, which is why it is often the second runbook, not the first. We quantify it free.

Questions we get

Bring this workflow to a call and we will quantify what it costs you, free, in a week.