Finance
Finance workflows built around accuracy and control.
XiMCO Books receives structured events from operational products, so period close starts from reconciled activity rather than re-keyed spreadsheets.
Finance workspace
Books ready for review
- Postings
- Tracked
- Reconcile
- Pending
- Period
- Open
- Bank feedUnmatched lines to reviewReconcile
- ReceivablesInvoices past dueFollow up
- Journal draftPrepared, awaiting approvalApprove
- Ledger
- Receivables
- Close
Workspace
A close you can explain
Source documents, postings and reconciliations stay linked, so any figure in a report can be traced back to the activity behind it.
- Journal viewPostings grouped by source and period.
- ReconciliationBank and settlement matching with variances.
- Period closeChecklist state before a period is locked.
Capabilities
What XiMCO Books handles in finance
Structured posting, reconciliation and reporting built on operational reality.
Chart of accounts
Structured accounts per organization and entity.
Automated posting
Operational events posted with consistent rules.
Reconciliation
Match settlements, bank activity and ledger balances.
Tax handling
Tax treatment recorded at the point of posting.
Period control
Open, review and lock periods deliberately.
Financial reporting
Statements produced from posted, traceable data.
Guided workflow
From source to report
Entries move from source to report through defined checkpoints, so a period only closes on reconciled activity.
- SourceReceive structured activity from operational products.
- ReviewCheck exceptions before anything is posted.
- PostCreate journal entries with consistent rules.
- ReconcileMatch postings to settlement and bank activity.
- CloseLock the period once checks are complete.
- ReportProduce statements traceable back to source.
Trust and reliability
Accounting control by design
Postings are traceable to their source, approvals are separated from preparation, and closed periods stay locked.
Traceability
Every posting keeps a reference to its originating event.
Segregation of duties
Review and posting rights can be held by different roles.
Immutable history
Corrections are recorded as entries, never silent edits.
See XiMCO Books close a period.
Describe your current close process and we'll walk the reconciliation path.