7 Manual Reconciliation

This topic describes the information to manually ‘Reconcile’ or ‘De Reconcile’ the payments/credit notes against invoices or cashflows in case of exceptions in the auto recon process.

In Manual Reconciliation, the back-office user can search and reconcile records basis on invoice related attributes, payment related attribute, or cashflow related attributes depending upon the selected reconciliation category. From the search result, user can choose how to reconcile the data i.e. ‘One Invoice to Many Payments’ or ‘Many Invoice to One Payment’ or ‘One Cashflow to Many Payment’, and so on.

Similarly, user can de-reconcile any record that was reconciled manually or automatically. This is useful to correct the reconciliation, incorrectly done manually or by automatic rule engine.

The user can select a value from the list for the field ‘Reconciled by’. Based on the value selected, the grid below will enable/disable ‘Invoices/Cashflows’ and/or ‘Payments’ row post selection.

• Search
  This topic describes the information to search the transactions for performing the manual reconciliation differs as per the recon category.
• Reconcile
  This topic describes the systematic instruction to select multiple records or single record to reconcile.
• De-Reconcile
  This topic describes the systematic instruction to select multiple records or single record to de-reconcile.