Automatic bookkeeping through predefined formulas

Free add-on module

Balance posting is a free add-on module in e-conomic. This module allows you to create a batch job that automatically distributes for instance an expense on several accounts on the basis of given percentages or other calculations.

What kind of formulas can I use?

You can create all kinds of formulas consisting of arithmetic calculations (+ - / *) or percentage distributions, and you can base them on the current or monthly account balance or on fixed amounts.

You can also organize the formulas in several steps so that the result of one formula affects the next.

Executing a balance posting batch-processing job

The function for executing the batch job is located together with the batch job execution for accruals, depreciations and period closing.

You execute the batch job each month, and you have a great overview as each calculation is shown separately together with the result. If something doesn't balance, you can adjust your formula before booking.

Benefits	Functions
Easier booking of e.g. salaries	Calculations based on current or periodic balances
Automatic execution of recurring postings	Arithmetic functions
Uniform functions across departments	Highly automated process