Inter Company Reconciliation Report

After the execution of the Update Reconciliation Report Procedure choose the Scenario/Month you like to reconcile, the Consolidation Node and Finally the Reporting Unit.

 

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The Two Tabs (Receivable-Payable) and (Revenue-Expenses) reports by Counterpart (by Row) the following measures :

- Counterpart Currency

- Translated at Closing (Average) RU Receivable (Revenue)

- Translated at Closing (Average) IC Payable (Expenses)

- Gap

- Translated at Closing (Average) RU Payable (Expenses)

- Translated at Closing (Average) IC Receivable (Revenue)

- Gap

- Closing (Average) RU Rate

- Closing (Average) IC Rate

- Check BS/PL Button

 

Clicking on the Button you can reconcile the Balances at Account Level :

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> The Report works properly only if the IC Reconciliation Group Account attributes have been properly configured on IC Accounts

> Click on the Go To Document Reconciliation Report Icon to reconcile balance at Document Level

> All the IC Gap will be rebalanced like Exchange Rate Effect during the Consolidation Translation Step.