Aico Account Reconciliations

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

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