AGI.do

Processes

What will AGI do for Process journal entries?

AI-deliverabilitydigital

Derived from the APQC lens 'Perform general accounting and reporting' and the process description, which specifies recording transactions into ledger and trial balance accounts. This is pure information transformation and data processing work, making it highly digital.

A financial transaction occurs or an accounting period requires a manual or automated adjustment.

Trigger
A financial transaction occurs or an accounting period requires a manual or automated adjustment.
Outcome
The journal entries are validated, approved, and posted to the general ledger, updating the trial balance.

The work itself

Grounded Work Profile

Measured by

  • Journal Entry Cycle TimeprocessProfile
  • Journal Entry Error RateprocessProfile
  • Percentage of Automated EntriesprocessProfile
  • Cost Per Journal EntryprocessProfile

Key steps

  • Receive transaction data or adjustment requestsprocessProfile
  • Validate account codes and transaction amountsprocessProfile
  • Draft the journal entry with balanced debits and creditsprocessProfile
  • Route the drafted entry for managerial approvalprocessProfile
  • Post the approved journal entry to the general ledgerprocessProfile
  • Update the trial balanceprocessProfile

How AGI delivers it

Four ways AGI delivers for Process journal entries

  • 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 Process journal entries connects

automated by

measured by

  • Average cycle time in hours to process a journal entrystandard
  • Average number of journal entry line items per journal entrystandard
  • Estimate if not using AI - Percentage of journal entries processed error-free the first timestandard
  • Number of journal entries per FTE that performs the process "perform general accounting"standard
  • Percentage of FTEs that perform the process "perform general accounting" that perform the activity "process journal entries"standard
  • Percentage of journal entries processed automaticallystandard
  • Percentage of journal entries processed by partially system-generated, partially manual, methodsstandard
  • Percentage of journal entries processed error-free the first timestandard
  • Percentage of journal entries processed manuallystandard
  • Percentage of journal entry line items of types other than intercompany, corrective%2Fadjusting, or first time%2Foriginatingstandard
  • Percentage of journal entry line items that are corrective%2Fadjustingstandard
  • Percentage of journal entry line items that are first time%2Foriginatingstandard
  • Percentage of journal entry line items that are intercompanystandard

optimizes (incoming)

  • Estimate if not using AI - Percentage of journal entries processed error-free the first timemodel
  • Period-Close Cycle Timemodel
  • Posting Accuracymodel
  • Percentage of FTEs that perform the process "perform general accounting" that perform the activity "process journal entries"model
  • Average cycle time in hours to process a journal entrymodel

runs (incoming)

Go deeper

Explore Process journal entries

Read the deeper take on agi.asView as markdown