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Reconciliation of a general ledger accounts takes a lot of time and often it is necessary to review individual transactions that make up the account balance. Especially, with a larger number of operations, checking and matching entries becomes an extremely labour-intensive process.

Fortunately, there is a solution provided by Microsoft Dynamics 365 Business Central that will save you time and automatically match general ledger account entries. It will also ensure that the same number is assigned to cleared operations.

Moving on to the methods of reconciling entries, there are two solutions provided by the application:

• Go to the records of a selected account (with “subject to reconciliation” active option), select the operations of interest and then click the “reconcile records” function available on the ribbon.
• Selecting a settling entry at the time of booking form the general journal, sales/purchase invoice or purchase/sales credit note.

An additional advantage of this functionality is the ability to reconcile part of the amount, reverse already reconciled entries, and assign a posting date during the reconciliation of entries.

Using the general ledger at the time of its creation, it is possible to select which account entries will be reconciled. The process is similar in the case of accounting for a sales/purchase invoice and a purchase/sales credit note – this way it is no longer necessary to go to the general ledger entries to reconcile the accounts there.

Checking the reconciled and unreconciled general ledger entries is extremely easy – there are dedicated filters included in the system. If you prefer to download the data to Microsoft Excel and view the information there, you also have this option.

To	Go to
Initialize Detailed G/L Entries	Detailed G/L Entries Initialization
Make an application of the G/L Entries	G/L Entries Apply
Undo an application of the G/L Entires	G/L Entries Unapply