June accrual
Calculation RUN-0626
$40,339
Finance Hub is the subledger your contracts deserve. Accruals, obligations, settlements, deductions, claims, and invoicing live in a single state machine — idempotent, audit-stamped, and reconciled to the GL.
Obligation and settlement
June close · outbound payable
ACCRUED
$40,339
recognized
ADJUSTED
$0
this period
SETTLEMENT
Jul 06
scheduled
GL STATE
Ready
journal mapped
June accrual
Calculation RUN-0626
$40,339
Payable obligation
Approved settlement
$40,339
Journal entry
Expense / payable
Balanced
Built for
Provisional and final accruals with explicit posting policy (auto-each-run / auto-at-cutoff / manual). Liability aging tracks every outstanding obligation until it's paid or expired — never silently decremented by an ERP feed.
Cadence-driven settlement creation with snapshot dates, RLA self-bill lifecycle, direction-aware actions, and approvals. Credit memos auto-post when variance is zero. Settlement → posted closes linked deductions atomically.
Open / needs-review / matched / disputed states with a dedicated workspace. Disputed deductions are protected from auto-close so an active counterclaim is never silently dropped.
"Every dollar tied to a contract has a place to live, a lineage to defend it, and a state machine that won't let it fall through the cracks."
Pairs well with
See how Finance Hub turns accruals, settlements, and deductions into one auditable system of record.