Frequently Asked Questions about the 'Reconcile to GL' Routine in Microsoft Dynamics GP - Dynamics GP Support and Services Blog

Cheryl W. from Microsoft tackles Frequently Asked Questions about the 'Reconcile to GL' Routine in Microsoft Dynamics GP

I’ve had mixed success with Reconcile to GL but I have to tell you that, for me, this quote from the article:

This Reconcile to GL spreadsheet was not intended to be matched to the HATB. It was intended to be an aid to help match distributions to distributions to assist in finding differences that may occur between the GL Trial Balance and RM/PM HATB.

is one of the reasons that I prefer The Closer from Reporting-Central for reconciling subledgers and the GL.

Reporting Central: The Closer – Easily Reconcile Microsoft Dynamics® GP, Never “Tick and Tie” Again | DynamicsCare

If you want a look at The Closer and you missed last weeks webinar you can catch the replay at DynamicsCare

Year End Reconcile with The Closer

Year end finally forces many firms to reconcile subledger accounts to the GL. Yes, I know firms should be doing it all year long but many don't. To help with this, take a look at The Closer from Reporting-Central.com. The Closer is a reporting and reconciliation tool designed to identify where sublegers and the general ledger don't match and to highlight the relevant transactions making it easy to provide correcting entries. It's considerably more powerful than the AR/AP reconcile function in Dynamics GP and The Closer provides more subledger to GL reconciliation options including Inventory, Sales Order, Accrued Purchases, COGS, AR, AP and Cash. Even better, once everything is balanced for year end, it's easy to use The Closer to keep things in balance all year long.