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APPLICATION SHEET

ACL software solutions give organizationscondence in the accuracy and integrityof transactions underlying their keybusiness processes and nancialreporting.

Following are some example usagescenarios:

Accounts PayableAnalyze and age accounts payableCorrelate vouchers or invoices posted vs. purchaseorder amountsCreate activity summary for suppliers with duplicateproductsExtract invoices posted with duplicate purchase ordernumbersGenerate cash requirements by bank, period, product,vendor, etc.Identify credits given before discount terms of

payment daysIdentify distributions to accounts not in suppliersaccount ledgersIdentify duplicate payments (e.g., same amounts,common dates, etc.)Reconcile check register to disbursements by vendorinvoiceReport on check disbursements for unrecorded liabilitiesReport on selected vouchers for manual audit orexaminationReview recurring monthly

Policy and AdministrationVerify sales tax: collected, not collected, and correctamount for each jurisdictionInstalled services review and anlayze installationcomplianceAnalyze pay adjustments, overtime, 401Kcontributions, etc.Identify conicts-of-interest (e.g., where managers haverelatives working)

Accounts ReceivableGenerate invoice summaries by customer, invoice,amounts, etc.Identify duplicate invoices, credits, or receipts in anyorderIdentify high value credit notes, balances and invoicesReport and age total receivables in any format

Report gaps in the sequence of invoices generatedShow variances between delivery documents andinvoices

Cash DisbursementsCreate historical audits based on any existing orcalculated criteriaIdentify check requests that exceed set or selecteddollar amountsMonitor cash disbursements for storesProvide an audit trail for all disbursements by purchaseorder, vendor, etc.Summarize cash disbursements by account, bank,group, vendor, etc.

Vendor ManagementCreate list of vendors requiring 1099 forms, with amounEDI vendor overcharges compare supplier price lists(contracted costs) to EDI invoice charges to ensure billiin accordance with agreementsExtract total posted invoices for the year for accuratevendor rebatesIsolate vendor unit price variances by product, over timeReconcile selected vendors payables posted againstpurchase ordersSummarize large invoices without purchase orders, byamount, vendor, etc.Generate vendor cash activity summary for support inrebate negotiationsTrack coporate disbursements for contractor andvendor servicesCheck product reordering volume by item, warehouse,and vendorDetermine the percentage change in sales, price and/or clevels by product/vendorMatch stock receipts with vendor ledger and reportvariancesCompare vendor addresses to employee addresses to

identify conicts-of-interestGeneral Ledger

Calculate nancial ratios (and changes) for sales/assets,debt/equity, etc.Compute weighted and average interest rates acrossany periodsCreate budget reports in any format by account, divisiondepartment, etc.Prepare trial balances by tax groups and calculate varioutax provisionsPrint custom balance sheets, P&L statements, cashow analyses, etc.Speed closing with quick account reconciliations andadjustment transactions

Sales Order ControlAnalyze open orders and invoices by customer forcredit controlAnalyze product demand by summarizing products ordeby date dueCompare items ordered to items cancelled by product, srepresentative, or orderIsolate detail and average backlog by customer, item,location, etc.Manage delinquent orders by showing days past due, inany orderReconcile booked items to inventory reserved(on hold) itemsReport on correlation between items shipped anditems ordered

Inventory ControlIdentify department or item le margins below standardAnalyze the difference between standard costs andactual costsRecalculate current inventory items based on LIFO, FIFpool, or other valuation methodCompare speed and accuracy of delivery by productand vendor

RetailApplications for ACL

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2008 ACL Services Ltd. AS/RET/260808

ACL, the ACL logo and Audit Command Languageare trademarks or registered trademarks of ACL

Services Ltd. All other trademarks are the propertyof their respective owners.

acl.cominfo@acl.com

About ACL Services Ltd.ACL Services Ltd. is the leading global provider of technology for audit and compliance professionals. Commarket-leading audit analytics software and professional services expertise, ACL solutions give auditors conin the effectiveness of internal controls and the integrity of the transactions underlying business operations.

Since 1987, ACL has enabled auditors to assure sustainable compliance, reduce risk, detect fraud, enhanceprotability, and improve business performance. ACL delivers its solutions to more than 215,000 licensed usin over 150 countries through a global network of ACL ofces and channel partners. Our customers include 9

percent of Fortune 100 companies, 85 percent of the Fortune 500 and over two-thirds of the Global 500, as whundreds of national, state, and local governments, and the Big Four public accounting rms.

Compare inventroy levels and turnover ratesCheck inventory written-off and new purchases made(total write-offs and quantities purchased by product)Compare the value of physical counts to generalledger valueDivide inventory into classes and compare percentinvestmentExtract products with zero quantities or zero pricesGenerate a stock status exception report for low

stock needsIdentify items with yearly volume under on-hand quantityIdentify surplus obsolete inventoryIsolate and analyze high value transactions by value,group, etc.Isolate stock lines where the cost is greater thanretail priceReconcile unmatched pay and remittances to freightinvoicesReport on items with high value balances and ageReport unrealized prots by comparing standard vs.sales pricesSelect items from perpetual stock for test reconciliationSummarize and stratify turnover by stock item in any order

Purchase Order ManagementAnalyze late shipments for impact on promotions, etc.Compare rates for similar products from other vendors toensure purchase rates are competitiveCheck purchases by ordering clerk for each vendorCheck for overbilling - compare invoices against contractCompare vendor performance; summarize item deliveryand qualityEliminate stale purchase orders by analyzing and reportingon partial receiptsIdentify duplicate purchase ordersIsolate purchase order types (blanket, release, drop-ship)for audit trackingReconcile receipts by comparing accrued payables toreceived itemsReconciliation of orders received, but not orderedReconciliation of items received, but not ordered

Salaries & PayrollCompare and summarize costs for special pay or overtimeCompare time-card rates and pay to payroll and indicatevariancesExtract all payroll checks where the gross dollar amountexceeds set amountIdentify changes in exemptions, gross pay, hourly rates,salary amounts, etc.Report entries against authorization records for new orterminated employees

Analyze overtime by store manager

Sales AnalysisAnalyze sales trends by comparing current andprevious periodsCreate graphs showing trend in product sales by anyselected itemGenerate sales and protability reports by salesrepresentative, product, or customerRecap product sales by region, customer, category, etc.Select any range of products for current and period-to-date analysisSummarize sales performance over time by store, regioand productSummarize shipments by warehouse for productdistribution analyses

Loss PreventionAnalyze annual inventory (sales by store)Analyze cash purchase, cash refund (same day)Check purchase and refund within 15 daysComparison of No Sale transactions to cash voidedtransactions by associateCompare year-to-date allowances to net salesIdentify credit card purchases refunded to a different

credit card (same day)Track high risk transactions by sales associateIdentify duplicate return transactionsIdentify incomplete exchange transactionsIdentify potential fraudulent or improper transactionsthrough selling price differences between storesIdentify checks paid to more than one payee with thesame addressIdentify stores with signicant allowancesCompare clearance sales of returned merchandise bymarkdowns, markups and sales without receipts.Summarize price adjustments on returned merchandiseby divisionAnalyze the application of coupons to sales byemployees

PricingIdentify pricing changes above a specied % thresholdor $ amountDetect variances between currently-advertized prices athe item price master leIdentify suspicious or erroneous prices (e.g. negativeprice, large even-dollar prices, sales price less thaninventory cost)Identify price adjustments made to new stockCompare prices between stores in similar geographiclocations