Journal entries that support faster close and audit-ready reporting
Move from ad-hoc journals to governed close workflows with clear ownership and traceability.
Journal entries designed for faster close and audit-ready reporting
Journals are where spreadsheets and ad-hoc approvals quietly become financial risk. Sanka turns journal entry management into a governed workflow with clear ownership, approvals, and traceability.
Standardize what must happen before entries are posted and reports are finalized.
Make exceptions visible early: missing approvals, unsupported adjustments, or incomplete reconciliations.
Every edit and approval step is logged so finance can answer questions without reassembling history.
Treat journals as a workflow, not a last-minute task
- Require approvals for specific entry types or thresholds
- Track supporting documentation and rationale with the entry
- Enforce clear status states (draft, in review, approved, posted)
- Keep a single audit trail across close activities and reporting
| Close activity | What commonly fails | What to standardize |
|---|---|---|
| Adjustments | Unclear rationale or missing support | Required notes and attachments |
| Accruals | Late inputs, inconsistent rules | Scheduled workflows and ownership |
| Reclassifications | Confusing history | Immutable change log |
| Review and sign-off | Informal approvals | Explicit approval steps and thresholds |
Built for real close teams
Close is cross-functional. Standardize the workflow so handoffs are clear and measurable.
Define who owns drafting, reviewing, approving, and posting for each entry type.
Exceptions are tracked explicitly so leaders can unblock close quickly.
Reporting logic becomes stable when entry states and approvals are consistent.
Controls finance can stand behind
Journals are a control surface. Make the rules explicit so you can scale without relying on heroics.
Limit who can create, edit, approve, and post entries.
Route high-risk entry types or large adjustments to the right reviewers.
Track what changed, when, and why, with supporting evidence attached.
