FloQast has an option to set up account reconciliations to Auto-Reconcile if a certain value is met from the Trial Balance. This is helpful when there is no expected change to an accounting period over period, such as a clearing account, etc. Many companies use this for their zero balance accounts.
The system can even automatically sign off for the preparer and reviewer on an Auto-Reconciliation account if the value from the ERP is the amount designated in the Auto-Reconciliation field.
Admin users can set up Auto Sign Offs by navigating to the Manage Reconciliations tab under settings, then clicking each individual account for which they would like this to be enabled.
Auto-Reconciliations can also be enabled on the Reconciliation Template. Auto Sign Offs MUST be enabled within the user interface within the Manage Reconciliations section of the Admin Settings, unless you want to enable all Auto-Reconcilaitions to be Auto Sign Offs. The Default Auto Signoff setting within the Reconciliations Settings will turn all Auto-Reconciliations into Auto-Signoffs for a particular entity.