RPA can automate journal entries automating data entry and validation. Here is a simple process:
- The bot logs into the finance system and navigates to the General Accounting module and Journals application
- It then reads a spreadsheet with the journal entries and enters the data into the ERP.
- The information is mapped from spreadsheet to fields in the ERP system, populating all required fields and journal
- entry lines
- It finalizes and submits the journal entry in the finance system
Source: KPMG