Introduction of Global Threshold Check with Absolute Value in Reconciliation
Global Threshold Check using absolute value in the Balance Reconciliation process ensures that the total reconciliation difference across all records in a run is within an acceptable limit, regardless of whether the differences are positive or negative.
The Global Threshold Check using absolute value in Balance Reconciliation process, protects financial accuracy by ensuring that all reconciliation differences, regardless of whether they are positive or negative are fully counted when validating financial data. It leads to more accurate financial reporting and better compliance with audit and regulatory standards.
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