Reconciliation report for Norway localization

• 03/12/2025
• 2 minutes to read

Business value

The reconciliation report supports compliance with Norwegian audit requirements. Without this report, companies risk receiving an adverse audit opinion, which can result in reduced investor confidence, difficulties in securing financing, and the need for corrective actions. Providing this report helps organizations maintain transparency and meet mandatory financial documentation standards.

Feature details

This feature introduces a reconciliation report tailored for Norwegian companies. The report highlights entries posted in one period but settled in the following period, supporting the audit requirement to document how open entries have been reconciled. For example, entries posted in May but settled in June appear in the June account statement and must be included in the reconciliation.