You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Auto Approve and Auto Submission Rules in Variance Analysis format

Received Response
12
Views
1
Comments
edited Mar 2, 2021 6:01AM in Account Reconciliation 1 comment

Summary

Close out Reconciliations when the difference between Current period balance and Previous period balance falls within a particular range

Content

Hi All,

We have set up Auto submission and Auto Approve rules at the format level(Variance Analysis format) to close out the reconciliations when it satisfies certain conditions.

These rules are not closing out all the recons that satisfies the conditions. When the balance changes due to automated balance load into ARCS the recons changes it status to "Open with the preparer" and as an admin we need to manually go into Reconciliation tab and under actions -> run rules to close out the Reconciliations that didn't close earlier.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!