NetClose - Reconciliation Dimensions
Overview
Reconciliation Dimensions gives users the flexibility to analyze account balances across multiple business dimensions—including Entity (Customer or Vendor), Transaction Type, Subsidiary, Department, Class, Location, and custom segments—without creating separate reconciliations for each view. This capability allows controllers and accounting managers to quickly pivot their reconciliation to understand what's driving a fluctuation, not just that one occurred. For example, if revenue has increased period-over-period, users can instantly drill into that balance by Entity to see which customer contributed the most, by Transaction Type to distinguish invoice revenue from credit memos, or by custom segment to align with their unique organizational structure. By eliminating the need to create and maintain multiple reconciliations for different dimensional views, Reconciliation Dimensions significantly reduces analysis time, accelerates month-end close, and empowers finance teams to provide more insightful explanations to leadership—all within NetClose's native NetSuite environment.