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Batch Accounting

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Batch is the most manual way to complete accounting supported by QFD. With an Accounting Batch, QFD will send a batch file to the arranged SFTP and all accounting steps are up to the client team.

Unlike Manual Accounting, Batch Accounting doesn't involve manual accounting tasks populated for system users, it simply assumes the accounting has been done.

For example:

When the PC action is triggered in a claim, QFD will send the appropriate communications and submit an accounting entry for the Batch file simultaneously. The claim will continue on without interruption.

If an accounting action is triggered after the batch cut-off time, QFD will use the next business day for the PC Date. Clients should make QFD aware of the cutoff time as it isn't automatic.

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