What is the Lock Reconciliation date in CCH Axcess Practice?
The Reconciliation date in CCH Axcess Practice is a cutoff date for WIP. Reconciliation dates help your firm maintain and control the reported period end balances. Transactions with a date prior to the lock reconciliation date require a prior period entry.
Access to prior periods is controlled in the security groups to which staff are assigned. If a staff does not have those rights, then all transactions must have a date after the reconciliation date.