This report is used in review, audit, analysis, and also meets the reconciliation requirements between two ledgers or reporting currencies.
This report can be used to resolve discrepancies between two ledgers or reporting currencies. The report provides the option of summarizing the balances by journal sources, which helps identify the sources of variance between two related balances.
When you request this report, General Ledger prompts you to enter the following:
Ledger 1: Choose a ledger or reporting currency. The default value is the default ledger for the data access set.
Ledger 2: Choose a ledger or reporting currency.
Group by Balancing Segment: If Yes, the report groups the data by the balancing segment value. The default value is None.
Summarize by Natural Account: If Yes, the report summarizes the account balances by the natural account segment values. The default value is None.
Detail by Journal Source: If Yes, the report shows the output detailed by the journal source. The default value is Yes.
Period From: Enter the starting period for the selected ledgers.
Period To: Enter the ending period for the selected ledgers. This value must be greater than or equal to the Period From value.
Account From: Select a code combination start range to narrow your results.
Account To: Optionally, select a code combination end range to narrow your results. This value must be greater than or equal to the Account From value.