D365FO

      There are two ways to manage the bank reconciliation.  1. Manual Reconciliation: Bank reconciliation is made from the bank account from account reconciliation page but all the transactions are manually marked and reconciled. For to cancel a bank reconciliation cancel feature needed to be enabled. 2. Advance Reconciliation: For to use advance reconciliation, bank needed to be selected. Once selected, can not be removed. Then users needs to upload the file (MT940 etc) for the reconciliation. Users can setup rules for auto reconciliation for to match the file with the transactions and for the rest, user can manually match the transactions. Once reconciled, user can always cancel the reconciliation with to enable feature. If there are minor differences, these difference can be posted in differences accounts with the setup applied by the user. For older versions, if there were posted differences, it was not allowed to reverse the transactions and there was a need fo...

  10.0.27 version (July) , the reverse correction is going to be able to use when advance bank reconciliation is used for the bank and there is difference posted.  Users make mistakes during the reconciliation operation and can match incorrect transactions. As solution, you need to process some transactions in to the system and upload some dummy statements to do the matching and correct the data. In this scenario, it was a handful job for a user. And when there were integration, it is a bit hard to manage. But when this version is activated, there won't be a need for any intervention from the user. Lets wait and see :)