Deleting Reconciliations

BC.

The correct statements about deleting reconciliations are A) The reconciliation status must be Pending, and C) The balances loaded for a period are not deleted when the reconciliation is deleted.

A) The reconciliation status must be Pending: A reconciliation can only be deleted if it is in Pending status. Pending status indicates that the reconciliation has not yet been submitted for approval. Once the reconciliation is submitted for approval, it cannot be deleted until it is rejected or the approval process is completed. Therefore, to delete a reconciliation, it is important to ensure that its status is in Pending.

C) The balances loaded for a period are not deleted when the reconciliation is deleted: When a reconciliation is created, the system loads the balance information for the specified period. Deleting the reconciliation does not delete the balance information that was loaded for the period. This means that if a reconciliation is deleted, the balances for the period will remain in the system, and they can be used in other reconciliations or reports.

B) Only the preparer of the reconciliation can delete the reconciliation: This statement is incorrect. Although the preparer of the reconciliation can delete it, they are not the only one who can delete it. A Service Administrator or Power User can also delete a reconciliation if necessary.

D) Only a Service Administrator or a Power User can delete a reconciliation: This statement is also incorrect. As mentioned above, the preparer of the reconciliation can also delete it as long as it is in Pending status. However, Service Administrators or Power Users can also delete a reconciliation if necessary. They have the authority to perform this action.

In summary, the correct statements are A) The reconciliation status must be Pending, and C) The balances loaded for a period are not deleted when the reconciliation is deleted. The other statements are incorrect.