Accounting & Payments
With powercloud you can easily process both online and offline payments. Subledger accounting takes place in our certified subledger, complete with flexible and traceable transfer to your existing general ledger.
With powercloud you can easily process both online and offline payments. Subledger accounting takes place in our certified subledger, complete with flexible and traceable transfer to your existing general ledger.
The powercloud payment model manages all payment transactions for self-pay, customers participating in direct debit, and customers with alternative payment methods. In addition to SEPA payment instructions, the functional scope also includes the automatic posting of all payments contained in digital account statements (MT940 + CAMT 53/54) including auto-learning assignment rules. On the credit side, powercloud processes INVOIC/REMADV, including all associated payments.
powercloud offers a subledger audited by EY and KPMG and exceeds auditor requirements. In addition to debit-side and credit-side postings, balance sheet accruals and deferrals are also made within powercloud.
The transfer of the powercloud subledger takes place through a periodic reconciliation with your external general ledger. The reconciliation rules can be configured flexibly and the reconciliations are traceable. Reference implementations for SAP FI, DATEV, and Addision enable a robust and fast connection.
Our subledger accounting processes meet the highest auditing standards: IDW PS880 (audited by KPMG), ISAE 3402 type A and B (audited by EY), and ISO 27001 (audited by TÜV Rheinland)
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