--- id: CON-ACC-REC-005 name: Period Reconciliation Readiness feature: FEAT-ACC-REC-06 product_area: accounting module: reconciliation revision: 2 status: draft product_intent: confirmed implementation_evidence: observed source_sha: services-accounting: f47cb263875bbc0c5640fba7dae6785ec32695f8 react-console: baf6dae382d6f41dce976c7f848667ccc37e076f definition: >- Close readiness is reconciliation’s period assessment of unfinished financial work, together with clearing summaries, payment positions and accepted concerns. It supplies Month-End Close with the evidence needed to evaluate reconciliation blockers. owned_by: MOD-ACC-REC synonyms: - reconciliation readiness - close checklist (reconciliation part) - readiness assessment not_to_be_confused_with: - the month-end close itself - the Reconciliation Center overview - a reconciliation exception facets: - name: Blocking concerns meaning: >- Unfinished explanation, missing money, approval, posting and integrity checks identify work that prevents close. used_for: Prioritizing period completion. - name: Advisory concerns meaning: Transit and other review conditions inform staff without independently preventing close. used_for: Reviewing normal settlement timing. - name: Problem findings meaning: A principal record and its related records describe one financial concern in the assessment. used_for: Opening the right work without duplication. - name: Clearing explanation meaning: Merchant and currency summaries compare outstanding money with posted clearing balance. used_for: Explaining processor clearing. - name: Payment positions meaning: 'Period items are grouped into six currency states, with processor matching unavailable before imports.' used_for: Understanding settlement progress for the close. - name: Accepted concerns meaning: Accepted exceptions anchored in the period retain their decision identities and acceptance ordering. used_for: Reviewing policy decisions associated with the period. - name: Period and evaluation day meaning: The selected period and state day establish the assessment’s calendar context. used_for: Previewing work before period end. relationships: - to: CON-ACC-REC-001 statement: Readiness evaluates period payouts and their bank evidence. provenance: observed source: 'services-accounting:modules/reconciliation/services/close-readiness/assess-period.ts' - to: CON-ACC-REC-002 statement: Settlement items provide the outstanding money summarized by readiness. provenance: observed source: 'services-accounting:modules/reconciliation/services/close-readiness/assess-period.ts' - to: CON-ACC-REC-004 statement: Exception records supply active and accepted concerns associated with assessment findings. provenance: observed source: 'services-accounting:modules/reconciliation/services/close-readiness/assess-period.ts' - to: CON-ACC-REC-003 statement: 'Reconciliations supply explanation, approval and accounting-request progress.' provenance: observed source: 'services-accounting:modules/reconciliation/services/close-readiness/assess-period.ts' acted_on_by: - CAP-ACC-REC-018 - CAP-ACC-REC-019 visible_to: - ACT-ACC-019 - ACT-ACC-018 - ACT-ACC-007 evidence: - >- Inspected concept support: services/close-readiness/assess-period.ts, persistence/readiness-findings.ts, rules/readiness.ts, rules/payment-states.ts, overview/reconciliation-overview.ts; docs/reconciliation/architecture.md §15; docs/milestones/plans/ACCT-M8-plan.md §1. - 'Inspected concept support: components/accounting/reconciliation/close-screen.tsx, overview.tsx.' supersedes: [] --- # Period Reconciliation Readiness ## What It Is Close readiness is the reconciliation assessment a controller reads before completing a business unit’s accounting period. It gathers unfinished deposit explanations, missing settlement money, approvals, accounting requests and integrity concerns into a current answer. The answer is useful during the month as well as at its end, because staff can inspect what still needs work without starting a close. Each finding identifies the principal financial record and any related records involved in the same concern. An overdue item and its investigation are parts of one problem rather than separate counts. That organization helps a controller go from the assessment to the work that can actually change its result. Readiness also explains processor clearing. It compares posted clearing money with the outstanding items still in transit, overdue or held by drafts. Payment positions and accepted exceptions add context for reviewing the period. The exception list uses period anchors, so an acceptance decision’s date alone does not determine which month’s assessment contains it. ## What It Is Not The assessment does not perform month-end close, post money or lock a period by itself. Month-End Close owns that decision and calls the assessment within its protected transaction. The daily overview serves a different purpose: it summarizes ongoing reconciliation activity rather than evaluating a selected period. A readiness finding also differs from the saved exception staff investigate. ## How It Is Used Controllers choose a unit, period and evaluation day, then follow blockers to their underlying work. Preparers complete remaining explanations and investigate missing settlements. Approvers finish independent decisions, while operational batch posting completes accounting requests. A fresh assessment reflects that work rather than relying on an old checklist that someone manually marks complete. Warnings deserve review even when they do not stop close. Money still on its expected journey can remain outstanding without being missing. Conversely, accepting a missing-money concern does not remove that money from processor clearing. The assessment gives staff enough context to see both the policy decision and the financial position. ## Its Facets **Blocking concerns** identify unfinished work that prevents period completion. **Advisory concerns** provide timing and review information. Their distinction is essential to understanding which action the controller needs to take next. **Problem findings** organize the principal record with supporting relationships. **Clearing explanation** compares outstanding effects with posted money rather than relying on deposit balance alone. **Payment positions** summarize how period items have progressed. **Accepted concerns** retain the policy decisions anchored to the period, including independent approvers when applicable. **Period and evaluation day** distinguish a preview’s state from a period-end assessment. ## How It Relates Readiness reads payouts, settlement items, reconciliations, exceptions and accounting requests without owning their correction workflows. The close owner consumes the result after acquiring the period lock. Accounting configuration and operational posting influence clearing balance, so a discrepancy may require work outside the reconciliation screens. ## What It Could Become The product should provide a complete late-entry review path and decide whether acknowledged look-alike deposits require a continuing close warning. Those checks exist in the assessment vocabulary without complete producer workflows. Processor imports can later support the unavailable matching position. Design should preserve the difference between reviewing a financial concern and changing the actual close state.