Overview of Clearing Accounts Reconciliation

Clearing accounts reconciliation offers automatic and manual methods to group, match, and reconcile related in and out journal lines that no longer contribute to an account's ending balance.

You can analyze those unreconciled journal lines that are both relevant and responsible for the buildup of the ending balance in a clearing account.

The recommended approach for reconciling clearing accounts is to run automatic reconciliation to process the majority of the journal lines, based on your setup. Then use manual reconciliation to resolve the journal lines that weren't reconciled automatically. You can also reverse incorrect reconciliations. Reports are available to help with this process.