End of Period Balance in Local Currency for ML to PP Reconciliation Types for GL Recon Enabled

User can now configure reconciliation rules between Management Ledger (ML) and Product Processor (PP) using "End of Period Balance in Local Currency." Previously, ML to PP reconciliation permitted only balances in functional currency, limiting accuracy when source data exists in transactional (local) currencies. This enhancement allows user to select and reconcile balances in local currency (LCY), directly aligning reconciliation process with the underlying transactional data.

This capability ensures more accurate and relevant reconciliations by comparing ledger and contract balances in their original currencies, improving both data integrity and operational compliance. It enables faster issue identification, aligns reconciliation practices with organizational reporting needs, and reduces manual adjustment or investigation efforts.

Steps to enable and configure

You don't need to do anything to enable this feature.