Auto Approve and Auto Submission Rules in Variance Analysis format
SummaryClose out Reconciliations when the difference between Current period balance and Previous period balance falls within a particular range
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.