Rules for Reconciliation between Accounts

You use the Between Accounts reconciliation option in the forms to check that an amount in the main form corresponds with the specification or detail/analysis form.

Example

The booked value for goodwill in the fixed asset specification or analysis form is the same amount as the goodwill value in the balance sheet.

What is Reconciled?

The reconciliation only runs between the accounts included in the forms which, in turn, are included in the form set defined for the current period, actuality and submission. You enter the form set in the Submission/Define window.

For more information, see Form Types and Generate Submission Reports.

Reconciliation is run at the total level of the accounts, that is, not at the dimension level. The status register is automatically updated depending on the configuration during the operation. All reconciliation options must be run at the same time and cannot be changed compared to the default setting.

Reconciliation Difference

In the general configuration, you can determine the largest accepted difference during the reconciliation in order to update the status to ready when having differences. The total difference is calculated on all deviations in reconcile between accounts and with absolute numbers regardless of sign.

For more information, see Define General Configuration - the Reconcile 1 Tab.