Creating period reconciliations for account structures

Use this procedure to create period reconciliations for individual structures or for all structures.
  1. Select Reconciliation Accounts.
  2. To create period reconciliations for an individual structure, on the Structures tab, select All Actions Menu > Create Period Reconciliations For Structure.
  3. To create period reconciliations for all structures, click Create Period Reconciliations For All Structures.
  4. Specify this information:
    Period End Date
    Select the end date for the period to create reconciliations.
    Next Period
    Select the next period to automatically set the end date for creating reconciliations.
    Note: This can be used with the Schedule functionality to create recurring reconciliations for either an individual structure or for all structures.
    Account Subset
    Select a custom group for the reconciliation account.
    Close Task
    Optionally, select a close task to integrate the account with the Close Management application. When the reconciliation is closed, the status is automatically updated in Close Management.
    Team
    Select a team to assign the reconciliation. If the reconciliation is at a team level, then all reconcilers within the team are notified of the reconciliation. A reconciler can then select the reconciliation from the queue.
    Team Member
    Optionally, select a team member if the reconciliation is assigned to a specific reconciler.
  5. Click Submit.