I love how Ramp added the ability to directly sync accruals into Ramp for any unapproved card transactions.
I am unable to really use this though yet because of how it lumps the entire CC amount for the liability piece into one line. Since the credit card liability account also has to be reconciled up to the statement date (ours is around the 17th) - each transaction being accrued should be a separate line item so I have the ability to recon those items on the 17th or prior but leave those after the statement date open until the next statement.
Basically the accrual function in Ramp solves for getting the expenses accurate prior to month end, but has a gap on the balance sheet side. Thank you!
