Reconciliation

Reconciliation is the process of comparing internal financial records with external statements—such as bank or payment processor reports—to ensure accuracy, identify discrepancies, and maintain financial integrity across transactions.
Balance Reconciliation

Balance reconciliation ensures accuracy and matches internal records with external statements to detect discrepancies and maintain reliable financial data.

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What Is Invoice Reconciliation

Invoice reconciliation verifies invoices against purchase orders and receipts to ensure accurate billing, prevent errors, and approve correct payments efficiently.

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What Is Transaction Reconciliation

Transaction reconciliation compares internal records with external statements to ensure accuracy, detect errors, and maintain financial integrity.

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What Is a Cash Reconciliation

Cash reconciliation ensures all cash transactions match between internal records and bank statements, helping detect errors, fraud, or discrepancies.

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