NetClose - Reconciliation Dimensions
Overview
Reconciliation Dimensions lets you analyze account balances across multiple business dimensions—such as Entity, Transaction Type, Subsidiary, Department, Class, Location, and custom segments—without creating separate reconciliations for each view.
This makes it easy for controllers and accounting teams to quickly pivot a reconciliation to see what’s driving a fluctuation.
By removing the need to maintain multiple reconciliations, Reconciliation Dimensions speeds up analysis, shortens the month‑end close, and provides clearer insights—all within NetClose’s native NetSuite experience.
Step-by-Step Process (Interactive)
Click here to view this walkthrough in full screen.
Step-by-Step Process (Written)
1. Once the Reconciliation has been generated, open an account that you would like to see in a different dimension.
2. Select the subtab "Dimensions".
3. Select the dimension by which you would like to view the account balances.
Custom Segments are supported as a dimension option.
4. The system will then organize your transaction balances based off the dimension selected. You will see the title of the specific dimension, the beginning balance, debit activity & count, credit activity & count, and the ending balance.
5. To drill in further, you can select one of the balances, and it will take you to a pre-filtered transaction detail showing all the transactions that make up that balance.
6. Here is the transaction detail that is pre-filtered to match your Flux Scenario and Dimension selection.
7. You can drill into the individual transactions by clicking the transaction.