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Processes

What will AGI do for Perform general accounting?

AI-deliverabilitydigital

With no child occupations seeded, this score is derived directly from the APQC process name and lens. The PCF category 'Perform general accounting and reporting' and the description emphasizing 'recording and preparing final accounts' and 'using accounting information' point exclusively to knowledge work. Because the process centers entirely on information transformation and financial data management, it firmly supports a high digital scalar.

An accounting period ends or routine financial transactions flow from subsidiary ledgers requiring formal recording.

Trigger
An accounting period ends or routine financial transactions flow from subsidiary ledgers requiring formal recording.
Outcome
The general ledger is successfully closed, accounts are reconciled, and final financial statements are generated for management review.

The work itself

Grounded Work Profile

Measured by

  • Days To Close General LedgerprocessProfile
  • Manual Journal Entry RateprocessProfile
  • Account Reconciliation Error RateprocessProfile
  • Cost To Perform General AccountingprocessProfile

Key steps

  • Capture and record journal entries from daily financial transactionsprocessProfile
  • Post approved entries to the general ledgerprocessProfile
  • Reconcile balance sheet accounts and resolve discrepanciesprocessProfile
  • Process period-end accruals and adjusting entriesprocessProfile
  • Execute period-end close procedures for the general ledgerprocessProfile
  • Consolidate financial data across business entitiesprocessProfile
  • Prepare trial balances and final financial accountsprocessProfile

How AGI delivers it

Four ways AGI delivers for Perform general accounting

  • Services-as-Software

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

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  • 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 general accounting connects

automated by

measured by

  • Cycle time in days for finance shared services center to complete the monthly financial closestandard
  • Cycle time in days to produce period-end management reportsstandard
  • Estimate if not using AI - Total cost to perform the process "perform general accounting" per journal entrystandard
  • Manual journal entry line item percentagestandard
  • Number of FTEs that perform the process "perform general accounting" per $1 billion revenuestandard
  • Number of FTEs that perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1 billion revenuestandard
  • Number of FTEs that perform the process group "perform general accounting and reporting" per $1 billion revenuestandard
  • Number of accounts in the chart of accountsstandard
  • Number of accounts per FTE that performs the process "perform general accounting"standard
  • Number of general ledger accounts reconciled per FTE that performs the process "perform general accounting"standard
  • Number of journal entries per FTE that performs the process "perform general accounting"standard
  • Number of journal entry line items per FTE that performs the process "perform general accounting"standard
  • Other cost to perform the process "perform general accounting" per $1,000 revenuestandard
  • Other cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1,000 revenuestandard
  • Outsourced cost to perform the process "perform general accounting" per $1,000 revenuestandard
  • Outsourced cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1,000 revenuestandard
  • Overhead and other costs to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $100,000 revenuestandard
  • Overhead cost to perform the process "perform general accounting" per $1,000 revenuestandard
  • Overhead cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $100,000 revenuestandard
  • Percentage change in business entity's gross margin over the past three yearsstandard
  • Percentage of FTEs that perform the process "perform general accounting" that perform management activitiesstandard
  • Percentage of FTEs that perform the process "perform general accounting" that perform the activity "maintain chart of accounts"standard
  • Percentage of FTEs that perform the process "perform general accounting" that perform the activity "perform consolidations and process eliminations"standard
  • Percentage of FTEs that perform the process "perform general accounting" that perform the activity "post and reconcile intercompany transactions"standard
  • Percentage of FTEs that perform the process "perform general accounting" that perform the activity "prepare and post management adjustments"standard
  • Percentage of FTEs that perform the process "perform general accounting" that perform the activity "prepare trial balance"standard
  • Percentage of FTEs that perform the process "perform general accounting" that perform the activity "process allocations"standard
  • Percentage of FTEs that perform the process "perform general accounting" that perform the activity "process journal entries"standard
  • Percentage of FTEs that perform the process "perform general accounting" that perform the activity "process period end adjustments"standard
  • Percentage of FTEs that perform the process "perform general accounting" that perform the activity "reconcile general ledger accounts"standard
  • Percentage of FTEs who perform the process group "Perform general accounting and reporting" allocated to the process "Manage policies and procedures"standard
  • Percentage of FTEs who perform the process group "Perform general accounting and reporting" allocated to the process "Perform financial reporting"standard
  • Percentage of FTEs who perform the process group "Perform general accounting and reporting" allocated to the process "Perform fixed-asset accounting"standard
  • Percentage of FTEs who perform the process group "Perform general accounting and reporting" allocated to the process "Perform general accounting"standard
  • Percentage of accounts that are standard with the business units reporting to your sitestandard
  • Percentage of journal entry line items directly linked from an internal%2Fexternal systemstandard
  • Percentage of journal entry line items processed error free the first timestandard
  • Percentage of journal entry line items sourced through methods other than manual, direct link, or automated entrystandard
  • Percentage of journal entry line items that are automated and recurringstandard
  • Percentage of total finance function FTEs allocated to the process "perform general accounting"standard
  • Percentage of total finance function FTEs allocated to the process group "perform general accounting and reporting"standard
  • Percentage of total finance function FTEs allocated to the process group "perform general accounting and reporting" (excluding fixed asset accounting)standard
  • Personnel cost to perform the process "perform general accounting" per $1,000 revenuestandard
  • Personnel cost to perform the process "perform general accounting" per process FTEstandard
  • Personnel cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1,000 revenuestandard
  • Personnel cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per process FTEstandard
  • Personnel cost to perform the process group "perform general accounting and reporting" per $1,000 revenuestandard
  • Personnel cost to perform the process group "perform general accounting and reporting" per process group FTEstandard
  • Systems cost to perform the process "perform general accounting" per $100,000 revenuestandard
  • Systems cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $100,000 revenuestandard
  • Total cost to perform record-to-report processes per $1 billion revenuestandard
  • Total cost to perform the process "perform general accounting" per $1,000 revenuestandard
  • Total cost to perform the process "perform general accounting" per journal entrystandard
  • Total cost to perform the process "perform general accounting" per journal entry line itemstandard

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