Prior Period Adjustments
Simplify Your Prior Period Adjustments.
Quickly identify and correct changes to trial balance data that occur after financials have been published, ensuring your reports are always accurate and up-to-date.
Hidden Prior Period Adjustments Cause Cascading Problems.
Outdated financials don’t reflect the latest adjustments.
Lost expenses may never be reviewed.
Financial data between the owner and property level can become mismatched.
Avoid Discrepancies and Maintain Clear Reporting.
The one-of-a-kind Intelas prior period adjustment functionality provides multiple ways to identify and address accounting entries that were booked to previous reporting periods. Ensure your trial balance remains accurate and up-to-date, while preserving the integrity of historical data.
Quickly identify accounts with discrepancies or missing data that prevent them from rolling over properly month after month, ensuring your financials stay aligned and accurate.
Automatically calculate the prior period adjustment amounts, then record the entries so your data is reflective of the latest updates made at the property level. All without re-uploading any financials.
Track changes to your data by viewing both the original and updated information, allowing you to clearly understand the impact of adjustments on your reports.
Discover more Features.
Reports and Dashboards
Track portfolio and asset performance like never before, with Intelas’ intuitive interface.
Data Collection Tracker
Use Intelas’ live dashboard to track received and outstanding asset files.
Account Code mapping
Automatically process thousands of account codes and map them across your P&Ls.
See Intelas in Action.
The best way to understand what Intelas can do for you is to experience
it for yourself. Request a demo with our team today.