Use Copilot extended reconciliation parametrization
Important
Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned
| Enabled for | Public preview | General availability |
|---|---|---|
| Users by admins, makers, or analysts | Nov 2024 | - |
Business value
Your reconciliation process with Microsoft Copilot for Finance now benefits from your tailored transaction categorization, adjusting for comparison accuracy to match your exact requirements and state of data you reconcile, maintaining clarity in reconciliation reporting with your defined data presentation.
Feature details
Microsoft Copilot for Finance introduces enhanced capabilities for reconciliation process parametrization, offering the following features:
Customizable tolerance definition: Tailor your reconciliation to your business process specifics by defining allowed tolerance levels. This feature empowers you to categorize transactions accurately, ensuring alignment with your unique operational requirements.
Numeric and monetary value parameterization: Take full control of numeric and monetary values with Copilot's parametrization options. Whether it's adjusting values to absolute for comparison or modifying signs, you can customize your settings to match your exact needs and the state of the raw data.
Precision and presentation settings: Fine-tune your reconciliation with configurable floating precision, rounding rules, and data presentation options. This level of parametrization allows you to maintain consistency and clarity in your financial reporting.
Note
This release is available in English only for the February 2024 release. Additional languages will be added following public preview.
Geographic areas
This feature will be released into the following Microsoft Azure geographic area:
- United States