Document type
Intelligent Ledgers Processing
Extract and process accounting ledgers with high accuracy, including general ledgers, subsidiary ledgers, and trial balances to streamline financial record-keeping.
99.6%Accuracy
90%Time Saved
24/7Processing
Processing Steps
How to Process ledgers
Follow these simple steps to extract data from your ledgers
1
Upload Ledger
Upload your ledger document in any format (PDF, spreadsheet, or image)
2
Ledger Classification
Our AI automatically identifies the ledger type and structure
3
Data Extraction
Extract all transactions, accounts, and balances with 99.6% accuracy
4
Balance Verification
Automatically verify debits equal credits and validate running balances
Extracted Data
Ledgers Fields
ParseIQ automatically extracts and validates these fields from your documents
| Field Name | Type | Required | Description | Example |
|---|---|---|---|---|
| ledgerType | string | Yes | Type of ledger (general, subsidiary, etc.) | N/A |
| companyName | string | Yes | Name of the company or organization | N/A |
| accountingPeriod | string | Yes | Time period covered by the ledger | N/A |
| currency | string | Yes | Currency used in the ledger | N/A |
| accounts | array | Yes | List of accounts included in the ledger | N/A |
| transactions | array | Yes | Individual transaction entries with dates, descriptions, and amounts | N/A |
| dateRange | object | Yes | Start and end dates for the ledger period | N/A |
| accountNumber | string | No | Account number or code | N/A |
| accountName | string | Yes | Name or description of the account | N/A |
| openingBalance | number | No | Balance at the beginning of the period | N/A |