Excel + AI: The New Standard for Financial Reconciliation

 Excel + AI: The New Standard for Financial Reconciliation

Is your team still manually matching rows in Excel?

Microsoft has released the Financial Reconciliation Agent (part of Copilot for Finance). It lives inside Excel but connects securely to your Dynamics 365 data. It automates the comparison of disparate datasets—like your Bank Ledger in D365 vs. a bank statement file.

What it does:

You connect Excel to your live ERP data. Copilot analyzes the two datasets (e.g., "Internal Ledger" and "External Statement") and automatically matches transactions based on amounts, dates, and descriptions. It then generates a reconciliation report for you to sign off.

Key Benefits:

• Flexibility: Works with any data you can load into Excel.

• Intelligence: AI suggests matches that standard rules miss (e.g., slightly different descriptions).

• Speed: Reduces hours of "stare and compare" work to minutes.

Technical / Developer Input:

To make sure your custom Finance tables are available for Copilot to read in Excel, you must expose them as Public Data Entities.

X++ Snippet: Ensure your entity is decorated correctly so OData can access it:

Code snippet

[
    DataEntityView(DataEntityView::Public), // Essential for external access
    DataEntityPublicName("MyCustomReconciliationEntity"),
    DataEntityLabel("Custom Reconciliation Data")
]
public class MyCustomReconciliationEntity extends Common
{
    // Define your fields and keys here
}

Official Microsoft References:

• Learn Docs (Verified): Reconcile data with the Financial Reconciliation agent

• Release Plan (Verified): Use Copilot extended reconciliation parametrization

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Get started with the Financial Reconciliation Agent

This video demonstrates the Financial Reconciliation Agent in action within Excel, showing how to connect to data and run the automated matching process.