General ledgers and charts of accounts that are built without following clear, well developed guidelines and allowing for easy account expansion will significantly reduce productivity, increase maintenance tasks, intensify reporting system maintenance and may result in costly financial reporting errors.

Acquisitions, growth, and divestures can cause your once sufficient general ledger reporting structure to become inadequate. Standardization and conversion of your chart of accounts does not need to be a painful process. DDR Technologies has helped several organizations through the process of updating their general ledger chart of accounts. For many of the organizations, DDR successfully took several disparate charts of account structures and standardized them into a single structure, merging data from multiple databases into a single general ledger database.

DDR looks at your business structure, financial reporting needs and feeding system limitations to help you architect a chart of accounts structure that will grow with your enterprise. Utilizing a set of pre-built applications, we help you manage the mapping process of department, sub-account and posting accounts. Our tools are even capable of building the posting account mappings based on the element mappings provided. This step alone will save hours of mapping time.

Once your organization has defined a new standard chart of accounts and built the appropriate mapping, our specially designed set of tools will take the burden out of managing the mapping and converting your general ledger data. If you are an existing Allscripts (previously McKesson) Fiscal Management (AFM, MFM, or PFM) installation, we can even convert your data in place without losing any of your general ledger, accounts payable, fixed asset or project accounting history. Working with Allscripts technical services you can even have your Allscripts (previously McKesson) Supply Chain Management (or PMM) chart converted in place as well. This option provides the best possible outcome: a new chart of accounts and all of your historical data available for reporting. With a new chart in place, clients quickly realize savings of time and money using the new chart while creating financial statements as well as improving the accuracy of the reporting.

DDR provides many service offerings specific to Allscripts and McKesson installations. Some of these are:

• Item Master Cleansing
• Vendor Master Cleansing
• GPO Transitions
• Prime Vendor Conversions
• ERP Security Audits