Question: What are the key design considerations around Account Reconciliations?

Make sure client loaded data in YTD

Ensure the data that you want reconciled is loaded to stage

Ensure that you ask who’s responsible for what tasks to ensure that license requirements are going to be met

How is external data loaded (balance sheet data)?

Typically, Account Reconciliations is an additional MarketPlace Solution

You may need to build a majority of your consolidations application in order to fully utilize Account Reconciliations

Normally it makes sense to build the Consolidations application prior to implementing Account Reconciliations

 

Source:  Office Hours 2019-10-04