Advanced Utility Accounting Bundle

By bundling our Advanced Accounting features, you can ensure the accuracy of your utility bills, estimate future bills for accruals, and create reliable utility bill budgets that you can adjust anytime. This bundle includes:

• Bill Accruals
• Budgets
• Accounting Export

Do you need accurate accruals to close an accounting period? EnergyCAP Utility Management offers accrual functionality to estimate utility bills using historical data, helping your finance team fill in the gaps. These accrued bills can be exported to the General Ledger, and easily reversed when the actual bill is received. For simpler needs, EnergyCAP provides accrual reports that project usage and costs, bypassing the need to create actual bill records. These reports can be exported in spreadsheet format for accounting staff

• Estimated Utility Bills: Create estimated utility bills based on historical data.
• Accrual Reports: Generate accrual reports for projecting use and cost using current utility data.
• Expense Booking: Book expected expenses before they are received or paid.

The Accounting Export feature offers a superior method to audit, process, and manage utility bills before you pay them. Acting as a smart and user-friendly “front-end” to your accounts payable or general ledger system, it ensures that utility bills are handled with precision.

• Bill Entry and Verification: Utility bills are entered or imported into EnergyCAP and verified through comprehensive audits.
• Review and Approval: Bills are presented for review and approval by the relevant staff members.
• Seamless Export: Post-approval, bill details are exported from EnergyCAP UtilityManagement in an import-ready format tailored to your specific accounting system.

Build reliable annual utilities budget based on your organization’s historical data. The Budget feature supports one budget per fiscal year with unlimited versions, allowing for scenario planning. It uses multiple years of historical usage and billing data for consistency. As the year progresses, you can easily monitor your status with reports and Powerviews, and make mid-year adjustments based on factors like square footage, weather, and usage.