Reconcile general ledger accounts

Trigger: The period-end close schedule initiates the workflow once all sub-ledger transactions for the accounting period are posted.

1. Extract general ledger balances and associated sub-ledger data
2. Compare account balances against supporting source documents
3. Identify variances, missing entries, and unrecorded transactions
4. Investigate the root causes of identified discrepancies
5. Draft and route adjusting journal entries for approval
6. Post adjustments to the ledger and finalize the reconciliation

Outcome: General ledger account balances are validated against source documents and variances are resolved for accurate financial reporting.