# Number of journal entry line items per FTE that performs the process "perform general accounting"

This measure calculates total number of journal entry line items per full-time equivalent (FTE) employee that manages an organization's ongoing financial records. A journal entry line item is a single transaction line in a journal entry. For example, when a journal entry is used to record a receipt of cash, the debit to cash and the credit to accounts receivable are each separate line items. This measure is part of a set of Staff Productivity measures that help companies assess the efficiency of their staff related to the process "perform general accounting."

## Benchmark Data

Measure Category:
Staff Productivity
Measure ID:
101330
Total Sample Size:
1,604 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
Yes

## Compute this Measure

Units for this measure are journal entry line items.

`Number of journal entry line items processed / Number of FTEs who perform the process "perform general accounting"`

## Key Terms

To calculate the number of full-time equivalents employed during the year for each respective process or activity, you must prorate the number of employees and the hours spent performing each process/activity. Assume that a full-time worker represents 40 hours per week. Provide the average number of full-time equivalents employed during the year for each respective process. Include full-time employees, part-time employees, and temporary workers hired during peak demand periods. Allocate only the portion of the employee's time that relates to or supports the activities identified for an applicable process. Prorate management and secretarial time by estimating the level of effort in support of each activity, by process.

For example, a part-time secretary in the finance department for XYZ, Inc. charges all of his time to finance department activities. He works 20 hours per week. The secretary splits his time evenly supporting employees working in the general accounting process and the financial reporting process. Thus, his time should be allocated by process. So, if he works throughout the year and supports these two processes, his time would be split evenly as:

20hrs/40hrs = .5FTE * 50% for general accounting = .25FTE for general accounting

20hrs/40hrs = .5FTE * 50% for financial reporting = .25FTE for financial reporting

Staff Productivity is a measure of the efficiency of individuals performing specific processes. Measures in staff productivity generally relate the transaction volume or outcome of the process with the effort in terms of full time equivalent employees to perform the process.

The metric value which represents the 50th percentile of a peer group. This could also be communicated as the metric value where half of the peer group sample shows lower performance than the expressed metric value or half of the peer group sample shows higher performance than the expressed metric value.