Understanding Payment Reconciliation

To ensure that the information in the JD Edwards EnterpriseOne Payroll system is consistent with the bank records, you must periodically reconcile payments. You can reconcile payments manually or you can run a program that automatically reconciles payments.

When you reconcile payments manually, you can review the status of individual payments, reopen an item that was previously marked as reconciled, or mark a check as unclaimed.

When you reconcile payments automatically, the system compares the payroll history with the information that you receive from the bank.

To help you reconcile payments, you can review reconciliation reports that help you identify outstanding payments as well as discrepancies between the net pay amounts that the bank reports and the net pay amounts in the payroll history records.