Account reconciliation
Account reconciliation helps you find any differences that must be fixed before you can
submit your report. Reconciliation is necessary if you want to check that entered and imported
values are correct. If the reconciliation is completed without errors, you can update the status of
the company in
IBM® Controller Web.
You can quickly see if there are any reconciliation differences over the accepted limit, how many they are and of what type. The reconciliation is done according to the rules that are set up in the account structure in IBM Controller and consists of three categories:
- Debit / Credit
- Between Accounts
- Opening Balances
The option Set status for submission to Ready after reconciliation from Controller is not supported in Controller Web. You must actively submit your company to get status Ready.