Reconcile with subledger to general ledger reconciliation agent
Important
Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned
| Enabled for | Public preview | General availability |
|---|---|---|
| Users by admins, makers, or analysts | Mar 2025 | - |
Business value
Reconciliation of data is a time-consuming process, often deferred until the end of a period. This can add time and headaches to the completion of the period end tasks. The subledger to general ledger reconciliation feature will change this process to be proactive, rather than reactive, when a difference is identified. Copilot will be used to notify the user of a difference between the subledger and the general ledger, provide options for how to resolve the issue, and eventually resolve the issue on behalf of the user. Reconciliation should no longer be a bottleneck, but instead, is always in a continuous state of readiness.
Feature details
The first reconciliation copilot automations focus on reconciling subledgers to the general ledger balances. SSRS reports will be a thing of the past, and will be replaced with a near-real time process that proactively notifies the finance team of any reconciliation issues. Upon recognition of an issue, Copilot identifies the mismatched transactions, and provides a solution. That solution may be changing a setting on the main account (such as don't allow manual entry) or may recognize when a posting profile has changed, causing a different balance sheet account to be used for reconciliation. An audit trail will be maintained when issues are identified, along with the solution. Copilot will learn from the solutions of the past, and move toward automatic resolution to any reconciliation issues (longer-term vision). Again, it's all tracked with an audit trail for actions taken by Copilot.
The first releases will focus on a subset of subledgers: accounts payable, accounts receivable, tax, and bank. Additional subledgers, such as fixed assets and inventory, will be added in future releases.
