Mayday Accruals helps finance teams automate the scheduling and journal posting of recurring and ad-hoc accruals. Instead of tracking accruals manually in spreadsheets, teams can manage expected costs and revenues, review what needs to be accrued, and post journals back to their accounting system all from within Mayday.
Our AI suggestions reduce the manual work involved in tracking accruals, checking schedules, managing reversals and preparing journals, helping make month end faster and more controlled.
Want to see how this works in Mayday? Learn more about Accruals on our product page.