Reconciliation Summary

You can use the Reconciliation Summary to review the balance sheet, income statement, cash flows, yields, distributed interest income/expense, offering rates, supplemental data, and key rates for the month that you are updating.

  • Reconciling Balance Sheets and Income Statements
    The Balance Sheet and Income Statement section on the Reconciliation Summary lets you balance the balance sheet and income statement for one or more organizations.
  • Reconciling Cash Flows
    The Cash Flows section of the Reconciliation Summary page shows the number of accounts that have cash flow errors. An error indicates that there is a difference between the month-end balance and the cash flows.
  • Reconciling Yields
    The Yields section on the Reconciliation Summary page lets you update the yield for interest-bearing accounts with no cash flows, such as overnight accounts or non-maturity deposits.
  • Reconciling Distributed Interest Income/Expense
    The Distribute Interest Income/Expense section on the Reconciliation Summary page takes interest income or expense from one general ledger account and assigns it to the corresponding balance sheet accounts.
  • Reconciling Offering Rates
    The Offering Rates section on the Reconciliation Summary page lets you review and update rates for assets and liabilities.
  • Reconciling Supplemental Data
    The Supplemental Data section on the Reconciliation Summary page lets you update organization and global data.
  • Reconciling Key Rates
    The Key Rates section on the Reconciliation Summary page lets you review last month's rate and update the current rates.
Parent topic: Update