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Workday Adaptive Planning aims to solve this problem by offering a cloud-based Financial Planning & Analysis (FP&A) solution with AI-powered forecasting, budgeting, and workforce planning tools. Budgeting & Forecasting - Automate budgeting processes and generate real-time financial forecasts based on live data.
Account reconciliation is the matching and validating of balances in the generalledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. Defining Account Reconciliation The basic steps involved in reconciliation transactions include the following: 1.
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