reconciliation

GL-to-subledger reconciliation automates comparing control accounts to detailed subledgers, identifying timing or posting gaps during period-end closes. You enter the target account and period to begin matching items and generating a reconciliation report.

Bank reconciliation aligns cash and bank statement balances with GL records to detect outstanding items. It requires structured data mapping and categorization rules to accurately match transactions and escalate discrepancies for resolution.

Intercompany reconciliation compares balances across related entities to ensure clean consolidation. It applies structured data mapping and escalation workflows to resolve discrepancies during period-end financial close processes.

Reconciling discrepancies requires structured data mapping, categorization rules, and escalation workflows. You need to provide the target account and period to initiate the matching process across GL, subledgers, and bank data.

GL reconciliation applies to item-level aging analysis alongside monthly closes and period-end reconciliations. It identifies timing or posting gaps between control accounts and detailed subledgers to help resolve outstanding items.