A Business cannot run without credit sales as it establishes a good rapport between the business owners and its clients. Likewise, a business can’t always function without asking for credit either, while procuring what it needs from its vendors. Reconciliation between either sides is very important to maintain material accuracy, facilitating internal auditors, avoiding disruption in future supplies & avoiding over-payment.
Customer Reconciliation
Gather Invoices
Inspect Line Items
Check Mark Matched Items
Highlight Inconsistencies
Compare Totals
Vendor Reconciliation
Agree Opening Balance
Agree Periods Entries
Allocate Credit Notes and Payments
Differences – Timings, Omissions, Errors
Customer / Vendor Reconciliation
$59.00Price
