Reconciliation plan
When a client is connected to a reconciliation template, you will be able to filter the balance in the Balance reconciliation view according to what the frequency of the template is set up with and other properties.
The reconciliation plan can easily be turned off to display accounts that are defined outside the reconciliation plan. When the reconciliation plan is turned off, the balance reconciliation will display all accounts with a balance.
Completion and/or Quality Assurance of Accounts can be done using the two columns on the far right of the balance reconciliation window.
The same functionality will apply when a reconciliation plan is deactivated for the period. If an account is completed/quality-assured outside the reconciliation plan and then the reconciliation plan is activated, those accounts will appear in the reconciliation plan along with the accounts defined in the reconciliation template.
Changing the reconciliation plan on a client
For users without admin access, it is possible to change the reconciliation template on the client. This is done under Settings and Company Information. Changing the template will affect the current open period and the subsequent start of new periods.
Note
If you wish to change the template for a reopened period, the change will only apply to the reopened period if the following period is paused.
Read more about Templates for reconciliation plan.