The Aico Account Reconciliation solution is a web-based application which automates the substantiation of the closing balances of General Ledger accounts.

The end-user process typically consists of the following phases:

• Access account reconciliation documents in Aico and perform the required actions for each item.
• Depending on your user role, follow up the workflow, reconciliation and task statuses.
• Monitor unreconciled accounts, unreconciled balances, aged items, and bottlenecks.
• Run reports.

This section will go through the following tasks:

• Adding appropriate explanations (comments or attachments) to the closing balances.
• Creating journals manually from individual lines
• Creating clearing postings
• Monitoring account reconciliations using dashboards
• Creating and customising your own dashboards and lists