German translation: Prüfung von Kontenkreis-/Buchungskreisnummern
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
English to German translations [PRO] Bus/Financial / Buchhaltung
English term or phrase:accounts code validation
accounts code validation
This company was only able to close its books within 12 days of the month end – this was too long and the CFO initiated a project to cut the time taken down to 5 days. The first step was business process reengineering – bottlenecks were found in data coding, inefficiencies in month-end procedures resulting in higher levels of journal postings, significant manual intervention, and disputed inter-group recharges.
The new revised closing processes involved the following:
1. Increased automation – for example, online daily posting of subledgers were integrated with sales and costing reports.
2. Reduced errors – **accounts code validation** was done at source, removing extensive error correction at the month end.