Processes

What will AGI do for Perform closing of general ledger?

The end of a designated financial reporting period is reached and transaction processing cut-offs are enforced.

Trigger
The end of a designated financial reporting period is reached and transaction processing cut-offs are enforced.
Outcome
The accounting period is locked and finalized financial data is ready for financial statement generation and regulatory reporting.

The work itself

Grounded Work Profile

Measured by

  • Days To CloseprocessProfile
  • Post-Close AdjustmentsprocessProfile
  • First-Pass YieldprocessProfile
  • Cost Per General Ledger EntryprocessProfile

Key steps

  • Verify posting of all sub-ledger transactionsprocessProfile
  • Reconcile intercompany and suspense accountsprocessProfile
  • Record adjusting and recurring journal entriesprocessProfile
  • Execute foreign currency revaluationprocessProfile
  • Generate trial balance and validate against control totalsprocessProfile
  • Lock the accounting period to prevent further postingsprocessProfile

How AGI delivers it

Four ways AGI delivers for Perform closing of general ledger

  • Services-as-Software

    Get the professional outcome delivered as software, priced on results, not headcount.

    Services.do
  • Autonomous Agents as digital employees

    Hire a digital employee that does the job under earned, supervised autonomy.

    Agents.do
  • Business-as-Code

    Encode how your work runs, once, as software that executes itself.

    Platform.do

Value flow

How Perform closing of general ledger connects

automated by

optimizes (incoming)

  • Personnel cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1,000 revenuemodel
  • Personnel cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per process FTEmodel
  • Personnel cost to perform the process group "perform general accounting and reporting" per $1,000 revenuemodel
  • Personnel cost to perform the process group "perform general accounting and reporting" per process group FTEmodel
  • Estimate if not using AI - Total cost to perform the process "perform general accounting" per journal entrymodel
  • Percentage of FTEs that perform the process "process accounts payable (AP)" that perform the activity "process financial accruals and reversals"model