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Prepaid Automation

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edited Aug 13, 2019 3:10AM in Account Reconciliation 8 comments

Summary

Prepaid Automation

Content

We are on ERP Fusion Cloud. Still thinking about Account Reconciliation Cloud Service. Question is how Prepaid Automation and Reconciliation works in ARCS?

Currently the business is doing it in excel but we are planning to use Multi-Period Accounting in Payables module going forward but we have around 500 lines of existing prepaids in excel. How to convert that from excel to AP or GL? How will ARCS help? Someone was telling that ARCS can get information from Oracle and will create Prepaid Reconciliations & write back to ERP in GL to create prepaid accounting automatically? 

If you know about this, please let me know.

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