Concept: Account Reconciliation Hub

The

Reconciliation Overview

section contains the

Account Reconciliation Overview

report, which is the primary location for interacting with reconciliations.

When you first access this report, Workday doesn't display any data. You must filter by fiscal period to display reconciliations. You can also filter by company or hierarchy, and book.

After you select a filter, the

All Reconciliations

tab displays all reconciliations that you have access to through roles on account reconciliation definitions. From this tab, managers can filter reconciliations by status, track progress, and understand the overall workload. Preparers can start preparing reconciliations that have the status

Not Started

, or reassign reconciliations that another user has begun preparing.

The

Assigned to Me

tab displays all reconciliations for which you are the active preparer or approver. This tab helps you manage and prioritize your workload by providing a clear list of current and upcoming tasks.

Both tabs contain filter tiles that indicate the number of reconciliations in each status, such as

In Progress

or

Certified

. You can click these tiles to show only reconciliations in a particular status in the grid.

Within the grid, you can view key details about each reconciliation, such as the ledger balance, the totals of supporting balances and reconciling items, and the users assigned to the reconciliation. When the reconciliation is certified, you can also view the certified balance and any difference between the certified balance and the current balance.

When you click

View

on a reconciliation in the grid, Workday displays the

View Reconciliation Workspace

report, which provides detailed information about an individual reconciliation. See Concept: Account Reconciliation Workspace.

The

Tasks

section enables you to quickly access these commonly-used reconciliation tasks:

Create Account Reconciliation for Period
Schedule Automatic Certification for Account Reconciliation
Cancel Account Reconciliation for Period
Reconciliation Definition Coverage Check

The

Rules and Configuration

tab enables you to quickly access tasks and reports to:

View and manage your account reconciliation definitions.
Mass assign users to roles on reconciliation definitions.