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Financial Close & Consolidation

Auto-Certification Rules for Balance Sheet Reconciliations in BlackLine

 

April 21, 2022

By Revelwood

One major feature of BlackLine is its auto-certification rules for balance sheet reconciliations. The auto-certification rules allow the system to complete a balance sheet reconciliation for you, if it meets certain criteria.

BlackLine finds that on average clients use these rules to reconcile 58% of balance sheet reconciliations. These rules can significantly reduce the time it takes to complete your balance sheet reconciliations.

Watch this Quick Take video to see Adam Riskin demonstrate BlackLine’s auto-certification rules features in a few different scenarios.

Adam demonstrates examples of:

  • The amortizable prepaid rule
  • The zero balance rule
  • The no activity rule

Learn more about the many features and benefits of using BlackLine for automated accounting. Subscribe to our YouTube channel or view our BlackLine Quick Takes playlist.

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