Best Practice EBS R12 GL-PA reconciliation

I would like to have any inputs of Best Practices related to Standard EBS R12 GL-PA Reconciliation for period/year close.

According to MOS Doc Id 335.1 and Period Close checklist and Reconciliation Phase we have 14 reports Customers could use:

1. Run Final Project Costing and Revenue Management Reports

Run all of the following project costing management reports:

a) MGT: Revenue, Cost Budgets by Resources (Project Level)
b) MGT: Task - Revenue, Cost, Budgets by Resources
c) MGT: Revenue, Cost, Budgets by Work Breakdown Structure
d) MGT: Employee Activity Report
e) MGT: Invoice Review
f) MGT: Unbilled Receivables Aging
g) MGT: Agreement Status by Customer