NEW darwin.Cloud feature: Reclassify invoices
With darwin.Cloud, it’s easy to fix agent billing that was put to the wrong gl account. You don’t have to create complex adjusting journal entries. You don’t need to Unpost or UnReconcile invoices and payments.
Even if an invoice is already paid - and even if the payment has cleared the bank - you can fix the expense categorization on the original invoice.
The reality is everyone makes mistakes with Agent billing. Usually no one notices until the financials are posted. Then, someone is looking at the Profit and Loss vs Budget, and they see some line item that is “out of whack”.
With darwin.Cloud, it’s easy to fix agent billing that was put to the wrong gl account. You don’t have to create complex adjusting journal entries. You don’t need to Unpost or UnReconcile invoices and payments.
Even if an invoice is already paid - and even if the payment has cleared the bank - you can fix the expense categorization on the original invoice. Now obviously, you can’t change something in a locked period (unless your CFO unlocks the period) - but this gives you a simple way to fix mistakes. Because darwin.Cloud has complete and detailed audit logs, if you ever need to know who fixed the entry. All the audit details are saved too !
Watch this short video to learn more.
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