Creating period reconciliations for an account

  1. Select Reconciliation.
  2. In the Reconciliation Setup panel, click Reconciliation Accounts.
    Note: This option is available through multiple navigation paths.
  3. Select a reconciliation account and click Create Period Reconciliations.
  4. Specify this information:
    Period
    Specify the GL calendar period for reconciliation.
    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.