Record-to-Report

Journal Entry & Reconciliation Agent

Prepares journal entries and reconciles trial balances across entities.

All agents Next: IC Reconciliation

An example conversation with the agent

AI Impact

31%

Lower journal entry cost

33%

Faster monthly close cycle

66%

Faster journal entry processing

Key Capabilities

Entry Triage

Classifies entries as recurring, validated, or flagged

Sub-Ledger Reconciliation

Auto-reconciles AP, AR, inventory, and fixed assets

Anomaly Detection

Identifies FX anomalies, misclassifications, and SOD violations

IC Matching

Resolves intercompany timing differences

Scenario

Wei Lin Chen, Corporate Controller

Month-end triage of 1,200 journal entries across 6 entities

Day 1 of November close — 1,200 entries across 6 entities need triage by day 4

“Triage all 1,200 journal entries — what needs my attention?”

JE-9005 — ¥15M FX revaluation, 3x historical average. Unhedged CNY receivable from Shanghai

“Investigate the ¥15M FX revaluation — is the entry correct?”

S$16K posted to CC-310 instead of CC-300 — manual input error, below S$65K materiality threshold

“Check cost center assignments for misclassifications”

Day 1 tasks complete by end of day — a full day ahead of typical pace

“How are we tracking against the close timeline?”

Journal Entries — 284,510 Records

General ledger journal entries including manual, automated, recurring, and adjusting entries across all company codes

Field	Description
Journal ID	Unique identifier for the journal entry batch
Posting Date	Date the entry was posted to the general ledger
Account	GL account number and description
Debit / Credit	Entry amount and direction (debit or credit)
Entry Type	Manual, Recurring, Reversing, Adjusting, System-generated

Bank Statements — 1,247,830 Transactions

Electronic bank statement feeds (BAI2/MT940) covering all operating, payroll, and treasury accounts

Field	Description
Transaction Date	Value date of the bank transaction
Amount	Transaction amount with currency code
Reference	Bank reference number, check number, or wire ID
Counterparty	Payer or payee name and account details

Subledger Data — 892,140 Records

Detailed transaction records from accounts payable, accounts receivable, and fixed asset subledgers

Field	Description
Subledger Type	AP, AR, Fixed Assets, Inventory
Document Number	Source document reference (invoice, receipt, asset tag)
GL Account	Corresponding general ledger control account
Balance	Running subledger balance for reconciliation to GL

Chart of Accounts — 4,280 Accounts

Master chart of accounts with hierarchical structure, account types, and posting rules

Field	Description
Account Number	GL account code (e.g., 1010, 4200, 5300)
Account Name	Descriptive name (e.g., Cash — Operating, Revenue — Services)
Account Type	Asset, Liability, Equity, Revenue, Expense
Normal Balance	Expected balance direction (Debit or Credit)

create_journal_entry

Create and post journal entries with debit/credit lines, supporting documents, and approval routing.

Input

entry_type posting_date line_items description company_code

Output

Posted journal entry with ID, balanced line items, and audit trail

reconcile_accounts

Compare subledger balances to GL control accounts and identify discrepancies requiring investigation.

Input

account_number period subledger_type tolerance

Output

Reconciliation report with matched items, variances, and unresolved differences

match_bank_items

Match bank statement transactions to GL cash entries using amount, date, and reference-based rules.

Input

bank_account statement_date match_tolerance date_window

Output

Matched pairs, unmatched bank items, and unmatched GL entries with suggested actions

search_gl_entries

Search the general ledger by account, date range, amount, posting user, or description keyword.

Input

account date_from date_to amount_min keyword

Output

GL entries with posting date, account, amount, user, and document reference

clear_suspense

Identify and clear suspense account items by tracing to source transactions and reclassifying to correct accounts.

Input

suspense_account age_days amount_threshold

Output

Clearing entries with original source, proposed target account, and reclassification justification

validate_postings

Validate journal entries against posting rules, ensuring balanced debits/credits, valid accounts, and proper authorization.

Input

journal_id validation_rules check_authorization

Output

Validation results with pass/fail status, error details, and remediation suggestions

Journal Entry & ReconciliationMeridian Industries · November close

Example