CB - ACM - Record to Report

Revenue

669 B

Profit

799 M

#Exceptions

28,687

Exception Amount

682.5 M

Accounting

Customer to Customer/Vendor
Transfers
Tracks fund or credit transfers where one customer’s balance is used to pay another customer’s or vendor’s due.
88%
Prior Period Invoice Processing
Flags invoices recorded in a closed accounting period.
80%
Vendor to Vendor/Customer
Transfers
Monitors payments or credits shifted from one vendor’s account to another vendor’s or customer’s account.
96%
Payment Beyond 60/180 Days
since Due Date
Detects shipments exceeding the pre-defined variance or tolerance level.
86%
Repeated Vendor Invoice in the
Same Fiscal Year
Identifies overdue payments made significantly later than the invoice due date.
79%

GST having same Document
Reference number
Flags Goods and Services Tax (GST) documents with repeated reference numbers.
7%
GST Duplicate Invoices
Identifies invoices submitted multiple times under GST.
13%
GST Interest Loss due to
non payment (180 days)
Highlights potential interest liabilities arising when GST invoices remain unpaid after 180 days.
14%
GST Interest Loss due to
non payment (60 days)
Similar to the 180-day scenario but focuses on overdue invoices at 60 days.
25%
Tax Number Validation
Ensures that the tax or GST identification numbers recorded against invoices or parties are valid and consistent with regulatory databases.
25%

Country/Bank Validation
Checks bank details (e.g., IBAN, SWIFT code) and country data for accuracy.
88%
Unauthorised Posting
Detects postings to the ledger made by users who lack the proper approvals or access rights.
80%
High Value JVs
Flags exceptionally large journal vouchers that may require extra review or higher-level authorization to prevent material misstatements.
96%