reconciliation

Bank reconciliation automates the matching of your general ledger cash balances against bank statements to quickly identify mismatches. You select the relevant GL accounts and linked bank statement data to review flagged reconciling items for accurate period-end reporting.

GL-to-subledger reconciliation compares your general ledger account balances against linked subledger data to detect posting differences. Selecting the GL accounts and subledger data triggers an automated comparison that flags mismatched items for review during the period-end close process.

Intercompany reconciliation settles inter-entity balances by comparing matching records across entities to identify mismatches. The process flags unresolved differences in intercompany data, allowing you to review and resolve out-of-balance items before finalizing period-end financial reporting.

Aging analysis categorizes unresolved reconciling items based on how long they have remained outstanding. This categorization supports timely escalation workflows, ensuring that older mismatches between your GL balances and source data are prioritized and resolved during the financial close.

Setting up escalation workflows is supported to ensure reconciling items flagged during GL-to-subledger or bank reconciliation are resolved. These workflows integrate with aging analysis to route outstanding mismatches to the appropriate personnel for timely period-end resolution.