Auto-Reconciliation using Rules in ARCS

Summary:

Auto-Reconciliation using Rules in ARCS (Creating Filters and applying to Formats)

Content (please ensure you mask any confidential information):

Hi Friends,

I have Auto-Reconciliation requirements as below:

1. If source system balance is between $-10K to $10K, the reconciliation should auto submit and auto approve.
2. If Unexplained Difference is between $-10K to $10K, the reconciliation should auto submit and auto approve.

So, I created filters as

When source system balance is -10K to 10K, auto submit and approve in the formats. &;

When unexplained difference is -10K to 10K, auto submit and approve.

It worked fine, but created more issues for reconciliations where the unexplained difference was larger than 10K, when the preparer starts working on it and provides the variance explanations and submits it, it does not go to the reviewers and gets closed.