Status Function Enabled

If the status function is enabled, all steps within the consolidation process will be performed automatically and group status will be updated.

There are several settings that determine how the reconciliation is performed and what automatic locks are assigned after a successful reconciliation:

• If you want to perform reconciliation by Closing Version or Journal Type.
• The upper reconciliation difference limit to be allowed.
• If the reporting status should be updated automatically after a successful reconciliation.
• If you want to lock the selected actuality, period, company and submission automatically after the company status has been changed to Ready and also to which closing version this should apply.