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I am working on a continuous improvement project within our Organization, and, would like to gather opinions as to the the following:

Currently, we manually reverse all of our prior month reversing entries within Oracle. We would like to get your opinion on automating this process within Oracle; whereby, all reversing entries automatically reverse on the very first day of the following accounting month. Automation would result in a real time general ledger, rather than waiting until close to the end of the next month to reverse the prior month entries. For example, under our current state, someone has to run a process in Oracle, to put the prior month reversing entries into a queue for respective users to go in, and,