Validis enables you to quickly and easily submit your Month End Reconciliation (MER) to your Lender via a secure online portal.
The service transmits your data via an encrypted connection where it is immediately available to your Lender, enabling quicker, more informed decision-making and removing the requirement of manual data submission.
The service connects directly to your accounting package to transmit your accounts and then displays a read-only copy of your accounting data on the Validis MER steps.
Below is a summary of the MER steps on Validis :
- Selecting a Company
- Reconciling Date
- Reconciliation Ledger
- Notified Debtors
- Notified Transactions
- Export Debtors
- Debtor Limits
- Discounts, Adjustments and Write-offs
- Invoices and Credit Notes in Transit
- Cash in Transit
- Reconciling Items
- Other Reserves
- Reconciliation Summary
The purpose of this section of the Help Site is to guide you through the Validis Month End Reconciliation submission.