X

Review EBS product's new releases & features, troubleshooting tips & tricks, best practices, upcoming webcasts

Journal Lines Reconciliation - What's Different in Release12?

Adriana Bacila
Senior Principal Technical Support Engineer

General Ledger Reconciliation feature allows accounting users to reconcile transactions for accounts that should balance to zero, cross-referencing such transactions with each-other through reconciliation references. Either Manual or Automatic, using references from GL or Subledgers, including complete accounting code combinations or just the natural account segment value, when the balance for a group of transactions is zero the transactions are marked as reconciled. 

What's different in Release12?  

Part of European Localizations in 11i, Reconciliation feature was incorporated in the Standard Applications Release 12 due to its importance for the business.

What features are included?

  • Populate reconciliation references for journal lines or headers
  • Create references from Subledgers directly
  • Replicate references to Reporting Ledgers
  • Perform Manual or Automatic reconciliation
  • Multi-currency reconciliation
  • Report on reconciled-unreconciled transactions
Reconciliation form

Need to know more?  

Find out all the details related to available features, setup requirements, reporting, technical information - all delivered in clear steps with screenshots and quick tips through this New Whitepaper Document:

Journal Line Reconciliation in R12: A Whitepaper (Doc ID 1673357.1)

Share this with your financial users today!

Join the discussion

Comments ( 3 )
  • guest Friday, February 5, 2016

    Hi,

    I have created manual journal in june-2015 and i want to reconcile it in Feb-2016 , can this possible? Because when i go to Reconcile Tab and search for June-2015 journal it doesnt appear. pLease Suggest.


  • guest Wednesday, August 24, 2016

    not sure if journals of previous accounting year can be reconciled even if they are present.Since the GL cycle is completed in the year end and the balances are transferred as retained earnings into next balance sheet.

    raghu


  • guest Thursday, October 27, 2016

    i have a journal created at payables sub ledger and its on the final status but it shows that it has not posted. how do i get to review that journal and post it or see what the problem may have caused it not to post.


Please enter your name.Please provide a valid email address.Please enter a comment.CAPTCHA challenge response provided was incorrect. Please try again.