This guide presents the System Business Rules for Bank Reconciliation. The System Business Rules are categorized by object. These Business Rules are only applicable for the new Bank Reconciliation with Koali or later releases.
For information on the System Business Rules for the Accounting Seed application, refer to the System Business Rules article.
With the Magnolia - Home release, several new System Business Rules have been added, which include the following:
- The Next Bank Reconciliation cannot be created if a subsequent related Bank Reconciliation has been set to a “Completed” status.
- The Next Bank Reconciliation can be created if all subsequent related Bank Reconciliations have been set to an “In Progress” status.
- The Next Bank Reconciliation must include a Statement Ending Date (SED) that is AFTER the SED of the current Bank Reconciliation and BEFORE the SED of the next subsequent Bank Reconciliation.
- This article was new with the Koali release.