Integrated Journals

 Journal Entry Management

Journal Entry Management Software - Beyond Manual Journals & ERP Limits

Automate recurring, accrual, reversing, and adjustment journals without spreadsheets or ERP customization. Taxilla delivers automated journal entry management software with built-in controls, approvals, and audit trails-bringing speed, accuracy, and compliance to period-end close. Unlike ERP-native posting screens, Taxilla is purpose-built for high-volume, multi-entity journal automation at scale.

The Challenge

Journals Are High Risk, Low Control

Despite modern ERPs, journal entries remain one of the highest-risk areas in financial close-often managed through spreadsheets, emails, and manual approvals.

Spreadsheet-Driven Journal Preparation
challenge1

Critical accruals, provisions, and adjustments are calculated offline with limited validation or standardization.

Manual Reviews & Inconsistent Approvals
challenge2

Maker-checker controls vary by team, increasing SOX and audit exposure.

Late Error Discovery
challenge3

Journal issues surface only at posting time, causing rework and close delays.

Weak Audit Trails
challenge4

Missing documentation, unclear logic, and fragmented sign-offs increase audit scrutiny.

ERP Posting Constraints at Scale
challenge4

ERPs allow posting-but lack governance, workflow, and automation for complex journal volumes.

Solution Overview

Built for Financial Close - Not Just Journal Posting

Taxilla automates end-to-end accounting journal automation as a core component of the Financial Close Suite. It functions as a governed journal sub-ledger that controls preparation, validation, approval, posting, and tracking of every journal entry-without disrupting your ERP.

How it Works

Create → Validate → Approve → Post → Track

Fully Automated End-to-End Process

Configure

Standardized Journal Templates

Define templates for accruals, provisions, allocations, eliminations, adjustments, and intercompany journals-ensuring consistency across periods and entities.

Ingest & Transform Data

Rule-Based Journal Entry Automation

Automate calculations using configurable rules and drivers, eliminating manual errors and spreadsheet dependency.

Run the Driver-Based Allocation Engine

Approval Workflows & Controls

Enforce maker-checker workflows with thresholds, multi-level approvals, and segregation of duties.

Review & Approve

ERP Posting Integration

Post only approved journals directly into SAP, Oracle, NetSuite, or Dynamics-maintaining ERP integrity.

Post & Integrate

Real-Time Tracking & Audit Visibility

Monitor journal status, rejections, reversals, and postings with complete audit trails.

Key Benefits

Tangible Outcomes for Your Finance Team

60-80% Reduction in Journal Errors

Rule-based automation removes manual calculations and posting mistakes.

Faster Accrual & Adjustment Cycles

Recurring and reversing journals are prepared continuously-not at the last minute.

Stronger SOX & Audit Compliance

Standardized templates, enforced approvals, and time-stamped audit trails reduce risk

Complete Traceability of Every Entry

From source data to ERP posting-every journal is fully explainable.

Scales Across Entities & ERPs

Designed for shared services, GBS models, and global finance teams.

Module Capabilities

Features Deep-Dive

Driver-Based Cost Allocation Engine

Recurring & Reversing Journal Automation

Schedule journals with automatic reversals across periods.

Rule-Based Allocation Framework

Accrual Journal Automation

Generate accruals from operational or sub-ledger data with full documentation

Intercompany Chargeback & Billing Automation

Rule-Based Journal Generation

Driver-based calculations for allocations, provisions, and adjustments.

Multi-Layer Workflow Collaboration

Multi-Entity & Multi-Currency Support

Handle FX, entity hierarchies, and cross-border postings seamlessly.

Multi-Layer Workflow Collaboration

Supporting Documents & Evidence

Attach schedules, calculations, and approvals directly to each journal.

Multi-Layer Workflow Collaboration

Posting Status & Exception Tracking

Track draft, approved, posted, rejected, and reversed journals in real time.

This transforms journals from a manual posting activity into a governed financial control process.
Technology Advantage

Engineered For Enterprise Scale

  • ERP-Agnostic Architecture

    ERP-Agnostic Journal Engine

    Works across SAP, Oracle, NetSuite, Dynamics, and hybrid ERP landscapes.

  • Continuous Processing Model

    Rule-Driven, Not Spreadsheet-Driven

    Eliminates Excel-based journal logic and offline calculations.

  • Unified Intercompany Sub-Ledger

    Continuous Journal Preparation

    Supports continuous close-not just month-end posting spikes.

  • No Spreadsheets. No Custom ERP Code

    Integrated Close Task Management

    Journals are linked to close tasks, ownership, dependencies, and approvals-providing real-time visibility into close progress and bottlenecks.

TechnologyAdvantage
Integrations

Seamless Integrated Across Your Ecosystem

Taxilla integrates with:

ERPs

ERPs

Operational Sources

Operational Sources
Industry Use cases

Trusted By Global Shared Services

Automated shared services chargebacks across 30+ legal entities, reducing disputes by 80% and accelerating close by 5 days.

Manufacturing Enterprise

Automated accruals, provisions, and cost allocations across plants.

Retail & Consumer Goods

Revenue and expense adjustments across regions and stores.

Technology & SaaS Company

Deferred revenue, contract adjustments, and recurring journals.

Global Shared Services (GBS)

Standardized journals across entities with centralized controls.

Pricing & Plans - Journal Entry Management

Transparent Pricing for Every Stage of Growth

Taxilla pricing scales based on journal volume, automation depth, and number of legal entities, ensuring flexibility as your close matures.

Essentials

Mid-market finance teams

  • Up to 5 Legal Entities
  • Up to 1,000 transactions/month
  • Manual & recurring Journal Types Supported
  • Basic rules Rule-Based Journal Automation
  • Recurring & Reversing Journals
  • Standard maker-checkerApproval Workflows
  • Limited attachments Supporting Documents
  • Single ERP Posting Integration
  • Basic audit trail SOX & Audit Controls
  • Basic Analytics & Dashboards
  • Email support
  • Multi-currency & FX variance engine
  • Close Task Integration
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Enterprise

Large global enterprises

  • Up to 40+ Legal Entities
  • Unlimited transactions/month
  • Manual & recurring Journal Types Supported
  • Complex driver-based rules Rule-Based Journal Automation
  • All journal types incl. allocations & eliminations Journals types supported
  • Multi-level, threshold-based approval Approval Workflows
  • Centralized audit repository Supporting Documents
  • Multi-ERP + validations Posting Integration
  • SOX-aligned controls & Audit Controls
  • Executive-level Analytics & Dashboards
  • Dedicated CSM support
  • Multi-currency & FX variance engine
  • Close Task Integration
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FAQ's

Frequently Asked Questions

Can this replace Excel-based journal preparation?
Yes. Taxilla fully eliminates spreadsheet-driven journal calculations and tracking by centralizing templates, rules, approvals, and evidence in a controlled system.
Does this replace my ERP journal posting?
No. Your ERP remains the system of record. Taxilla acts as a governed journal automation layer that prepares, validates, and posts clean journals into your ERP.
Are approvals enforced and auditable?
Absolutely. All journals follow role-based approval workflows with full audit trails, supporting SOX-compliant journal entries.
Can journals be scheduled and reversed automatically?
Yes. Recurring and reversing journal automation is fully supported with configurable schedules.
Does it support multi-entity and shared services models?
Yes. The solution is designed for SSC and GBS environments with centralized preparation and distributed approvals.
How long does implementation take?
Journal Entry Management implementations typically take 3-5 weeks, depending on volume, ERP integrations, and rule complexity.

Move beyond ERP limitations and spreadsheets.

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