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Unable to set up prior year as prior period in Variance Analysis type of reconciliation — Cloud Customer Connect
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Unable to set up prior year as prior period in Variance Analysis type of reconciliation

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edited Aug 14, 2018 12:24PM in Account Reconciliation 11 comments

Summary

ARCS Account Reconciliation varance Analysis

Content

Hi Guys,

We have a requirement to set up the variance period as the period of the prior year since client wants to compare the variance between the current period of the year (e.g. Jan 2018) with  prior  year, same period (e.g. Jan 2017)

To achieve this I have done the following set up :

1. The "prior balance frequency" of the  format "variance analysis" is set up as "Annually"

2.Both The "Period" and the associated profile/reconciliation  are set up as "Annual" to ensure no conflict.

3. Reconciliations are created for both the periods (Jan 217 and Jan 2018).

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