Concept: Account Reconciliation Workspace in AP&C

The

View Reconciliation Workspace

report in Adaptive Planning and Consolidation (AP&C) displays detailed information about an individual reconciliation. You can access this report by clicking

View

for a reconciliation on the

Account Reconciliation Hub

.

The header and

Reconciliation Definition Properties

section display a subset of the criteria used to create the reconciliation.

The

Reconciliation Summary

displays a summary of the balances to be reconciled and, when the reconciliation has been certified or submitted for certification, the certified balance or the balance awaiting certification.

The

Supporting Balances

,

Reconciling Items

,

Comments

, and

Process History

tabs enable you to view detailed information about the reconciliation and its audit trail. The

Process History

tab displays after a preparer submits the reconciliation for certification, when the

Reconciliation Period Event

business process initiates. Workday doesn't display the

Process History

tab for autocertified reconciliations, since they don’t generate business process event histories, or for autocertified reconciliations that are manually decertified.

As a preparer, when you access the

View Reconciliation Workspace

report you can:

Start preparing the reconciliation.
Reassign the reconciliation from another preparer to yourself.
Drill down on summary balances to view underlying journals.
Add reconciling items, supporting balances, and attachments.
Add comments to the reconciliation, or to the reconciling items and supporting balances on it.
Submit the reconciliation for certification.

As an approver, you can:

Review the details of the reconciliation.
Add comments to the reconciliation, or to the reconciling items and supporting balances on it.
Drill down on summary balances to view underlying journals.
Certify the reconciliation.
Send the reconciliation back to the preparer for changes.

Users who have permission to rescind the

Reconciliation Period Event

business process can also decertify reconciliations from the

View Reconciliation Workspace

report. When you decertify a reconciliation, Workday changes the reconciliation status to

Decertified

and removes the active preparer and approver. The reconciliation displays on the

Account Reconciliation Hub

with all potential preparers and approvers assigned on the reconciliation definition, similar to reconciliations in

Not Started

status.