Change Log

Back to all

January

2025

Reconcile Offsetting Transactions in IC Reconciliation Workflow

We’re excited to announce a new enhancement to the Intercompany Reconciliation Workflow! You can now reconcile transactions that offset to null—such as reversed transactions and duplicate transactions which have been corrected.

Keep your workflows clean and focused: Move offset transactions to the reconciled tab, eliminating clutter in the unreconciled tab and streamlining your processes.
Easily handle reversed or adjusted transactions: Reverse journals without the need to void them, ensuring smoother processes and reducing errors.
Simplify variance tracking: Reconcile offset transactions so you can focus on genuine discrepancies rather than entries that cancel each other out.

Change Log

Reconcile Offsetting Transactions in IC Reconciliation Workflow

Innovative and time saving – Translucent works as advertised and enables me to run multi entity P&L's at the click of a button for any date range required – when doing fortnightly reporting this saves me about 3-5 hours per month per client group that I use this for.