What is SADL?
SADL (Same Account Different Location) has been released to allow our NetSuite and Intacct clients to reconcile the same account number with different locations/subsidiaries* in just one entity/folder, using just one workbook.
*Intacct = location, NetSuite= subsidiary
Previously, the same account with multiple locations had to be split out into different entities to reconcile. For example, let's say account "2000 Accounts Payable" is used in multiple locations like US, Canada, and Mexico. Separate entities were required for the US, Canada, and Mexico locations even if the reconciliation otherwise would have belonged in the same process and workbook.
Many clients like splitting the locations/subsidiaries out into unique entities. But in other cases, this creates extra steps such as:
- Requiring users to make extra clicks to navigate to different entities in FloQast
- Requiring users to upload duplicate workbooks so balances are referenced in each entity
Now accounts with the same name can be reconciled in a single entity and single process folder with their respective locations assigned.
How do we turn on SADL?
Please Contact firstname.lastname@example.org for assistance! We will schedule a call to turn on SADL and make all necessary changes with you.
SADL is enabled by a FloQast admin on the ‘Manage Reconciliations’ page under the ‘Reconciliation Settings’. Once it is enabled, it is a permanent fixture and you must contact email@example.com to disable. This is enabled on an entity-by-entity basis.
Once it is enabled, reconciliations can be added as usual. If there is a duplicate account number (as shown below in the AR folder, 1100 – Accounts Receivable) a location/subsidiary must be selected.
Upon selection, a unique identifier provided (from Intacct and NetSuite, respectively) will be added to the account number.
You can reference these accounts in the same document with their new, unique #fq references.
- #fq-1100-8 etc.