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OnCore Balancing Assistant
​There are several balancing functions that all credit unions must do on either a daily, monthly or quarterly time frame.
This typically involves using reports from your General Ledger, Core application, or third party processor, and quite often creating an innovative Excel spread sheet to facilitate the operation.​​
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​United Solutions, a CUSO that has been providing services to credit unions for over 40 years, has developed a solution that will assist your credit union complete a number of necessary tasks in a fraction of the time it normally takes.
Leaving time available for more important tasks​
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In a matter of minutes each day our solution can assure you that your accounting system is in balance with Shares & Ceretificates, Loans, Cash, ATMs, EFT / Debit Cards, Credit Cards, ACH, Student Loans, Mortgages (FICS), and Participation Loans!
You will receive notification on you mobile device,
eBalancing
11/11/2024
Your report is ready.
to review summary
Click Here
By clicking on the summary you can access a detailed review of each module, including...
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A detailed list showing each General Ledger account and the associated accounts from your Core Processor, or third party entity.
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If the account is in balance a will be displayed, if no, a will be displayed.
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A history of each time a Balancing report was created including the reports used to create the report.
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The history provides the ability to view each report from your General Ledger, Core Processor or third party.
​How will OnCore Balancing benefit my credit union?​
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​​Saved for 5 years. The final Balancing Report and the input reports are saved for 5 years for future reference during audit.​
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Eliminates data entry errors. By reading the reports electronically instead of entering the information manually, data entry errors are totally eliminated.​
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Amazingly Fast. OnCore Balancing provides your detailed result within 5 minutes of receiving your reports.​
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Flexible frequency. Modules may be run daily or weekly or monthly; however, running more frequently may highlight any anomalies quickly where they may be more easily resolved.​
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Central location. All of the information including the reports used in the balancing process are available in one location.​
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Corrections. If the accounts are not in balance, corrections can be made and the reports run again.
Frequently Asked Questions
What Core Applications does OnCore Balancing Support?
OnCore Balancing is designed to connect with any Core Processor.
What General Ledger Systems do you support?
OnCore Balancing is designed to connect with any General Ledger System.
Is this application designed specifically for Credit Unions?
Yes.
Is support included in the fee?
Yes, your monthly or annual subscription includes support.
What is involved in the installation?
During implementation we produce reports from five days worth of your report data.
