To complete the reconciliation process

Step 1. Finally accept the reconciliation data

Final acceptance of the reconciliation data releases the data for archiving and/or deletion of the logged reconciliation data and the corresponding transactions in Operations Management.

In the Finally Accept Reconciliation Data (tfgld4295m100) session, select a reconciliation group.

Note If the Basis for Final Acceptance of the reconciliation group is other than Not Applicable, the business objects (orders, contracts, and so on) of the reconciliation group must have the Closed or the Completed status.

When you click Process, LN checks a number of conditions and sets the status of the transactions that meet the conditions to Final Accepted.

For reconciliation groups for which no clear end balance exists, such as Inventory, you can select the Do not Check Lifetime check box. LN then ignores the status of the business objects in Operations Management, for example, inventory orders do not need to be Closed. You can then select an entity on which the report must be sorted, for example, reconciliation element or business object.

Step 2. Set the period status to Period Reconciled

In the Reconciliation and Archiving Period Status (tfgld0177m000) session, select the reconciliation groups that you have reconciled and enter the financial year and the fiscal period for which you performed the reconciliation.

Step 3. Archive and delete the transactions in Operations Management

Step 4. Archive and delete the reconciliation data