· 2 min read
Demo: accruals from bills still waiting in Payhawk
Key takeaways
- At month-end, some costs for the closing month are still bills in Draft or To review in Payhawk, so they have not reached the ERP yet.
- In Eagl, checking those bills is a task in the close checklist, with a preparer, a reviewer and due dates.
- Eagl can prepare the task: it looks at how the task was done before, works through last month with you and tests it before it takes over.
At month-end, some of the costs that belong to the closing month are still bills in Payhawk, in Draft or To review. They have not reached the ERP yet, so someone has to find them and decide what to accrue. The one-minute demo above shows how that works in Eagl.
What the demo shows
- The task in the close checklist. “Check for bills not yet approved in Payhawk” sits under Accounts payable in the October close, with a preparer, a reviewer and due dates.
- What the task asks. Open Payhawk, list the bills that are still in Draft or To review, decide which costs belong to the closing month and prepare the accruals.
- Eagl prepares it. You set the routine up together with Eagl in a session. Eagl looks at how the task was done before, works through last month with you and tests it before it takes over.
Why open bills matter for the close
Whether a cost needs an accrual depends on the service period, not on the day the bill gets approved. A bill still waiting for approval on closing day can cover the month you are closing. Eagl connects directly to Payhawk and to the ERP, so it reads both when it prepares the accruals.
Read more about the Eagl and Payhawk partnership and how Eagl handles accrual management.
About Eagl
Eagl is an AI platform for in-house finance teams. It connects to NetSuite, Exact Online and Business Central, checks every posting, reconciles bank accounts, manages accruals and runs the close checklist. Eagl is based in Ghent, Belgium.
