1. Setting Up and Configuring Account Reconciliation
  2. Setting Up Reconciliation Compliance
  3. Learning About Setup and Configuration in Reconciliation Compliance
  4. Setting Up Formats

Setting Up Formats

Reconciliation formats determine what reconciliations will look like, and the type of information that preparers and reviewers can enter. Formats for reconciliations are selected or designed by the Service Administrator using the Manage Formats feature. A library of standard formats are available to use as a starting point but formats are completely customizable. Start with an initial set, and you can revise and adapt that set as needed. All formats are based on one of three methods: Balance Comparison, Account Analysis, or Variance Analysis..

Formats include the following information:

  • Properties, such as the method
  • Instructions, and any associated reference files
  • History of changes to the format
  • Attributes, such as Journal Number Entry, Supplier, Policy Number
  • Questions to be answered by the selected user when working with a reconciliation
  • Selected rules to apply to the reconciliation