Aico Account Reconciliations

Features & Subscriptions

Aico Closing Task Manager Professional subscription tier

Professional

Ideal for mid-size companies with several accounting teams involved in the close process.

Get up and running within 4 weeks.

Templates

  • Standard header fields
  • Standard row fields
  • Standard document structure

Workflows

  • Simple workflow options
  • Preparer
  • Approver 1
  • Workflow selectable structure

Automation

  • Auto-reconcile rules for balance, unreconciled balance, variance

Monitoring

  • Account Reconciliation list view
  • Account Reconciliation dashboard
  • My Task list view

Account Reconciliation specific functionalities

  • Balance managed reconciliation
  • Grouped managed reconciliations
  • Row level explanations: attachment, comment
  • Status template
  • Prior period explanations carry forward
  • Autofill button
  • Validation (unreconciled balance 0)

Mail notifications

  • Account Reconciliations due within 24h (summary for Preparer)
  • Account Reconciliations overdue (summary for Preparer)
  • Account Reconciliation waiting for approval (summary for Approver)

Admin user roles for System Manager

  • User creation and maintenance
  • User authorisation
  • Add new companies
  • Systems? to add new admin?
  • Superuser mode – see hidden fields and delete
  • Dashboard editing. Simple editing training included to delivery; mode advanced training would be additional charge.

General functionalities

  • Assign to me
  • Send for info
  • Comments, Attachments, Attachment restrictions
  • Multi-action (complete, approve)
  • Action log
  • Export to Excel

 

Upload file

  • Standard file format
  • Standard data that can be uploaded: Account, Account name, Closing balance, Subledger balance, Company code
Aico Closing Task Manager Enterprise Subscription plan

Enterprise

For large multinational organisations with high transactional volumes.

Custom build, testing and implementation project.

Templates

  • Custom header fields
  • Custom row fields
  • Customizing structure / order / visibility of fields

Workflows

  • Dynamic workflows based on reconciliation content
  • Handler role
  • Approver 2-3

Automation

  • Auto-reconcile rules for line items
  • Create journal from reconciliation document (requires Journal Entries module)
  • Clearing of line items
  • Live refresh (refresh from file available)
  • Reports from ERP attached to reconciliation automatically

Monitoring

  • Account Reconciliation list view
  • Account Reconciliation dashboard
  • My Task list view

Account Reconciliation specific functionalities

  • Open item reconciliations
  • Line item reconciliations
  • AR/AP to GL reconciliations
  • Validation thresholds other than 0 for unreconciled balance
  • Reconciliation amounts in more than one currency per document
  • Action items

Mail notifications

  • Custom mail notifications

Admin user roles for System Manager

  • Template creation and editing
  • Value sets creation
  • Mail notification configuration

General functionalities

  • Import from Excel

Technical

  • External archive for Account Reconciliations
  • Any other AD integration than Azure
  • SCIM integration

Contact sales