AR/AP to General Ledger Reconciliation
Find the common causes of customer and supplier balance differences.
Learning objective
Build a standard AR/AP reconciliation and issue-tracking process.
03
Steps
01Use the same organisation, currency, period and cutoff time.
02Export AR/AP balances and the corresponding GL account balances.
03Classify differences by missing voucher, unposted voucher, FX, settlement or account mapping.
04Correct the source document instead of editing summary results.
05Regenerate vouchers, confirm zero unexplained difference and archive the working paper.
- 01
Use the same organisation, currency, period and cutoff time.
- 02
Export AR/AP balances and the corresponding GL account balances.
- 03
Classify differences by missing voucher, unposted voucher, FX, settlement or account mapping.
- 04
Correct the source document instead of editing summary results.
- 05
Regenerate vouchers, confirm zero unexplained difference and archive the working paper.
04
Implementation notes
- Use one functional-currency basis for multi-currency balances.
- Reconcile customer-supplier dual roles separately.
- Assign an owner and closure date to every difference.