Overview
This overview article guides you to the resources available for using the Payment Reconciliation Journal.
The Payment Reconciliation Journal is designed to efficiently match payments with all types of ledger entries, including customer, vendor, employee, and bank account entries. Unlike the Bank Account Reconciliation, which moves multiple entries into separate journals for posting, the Payment Reconciliation Journal reconciles ledger entries directly within the journal. This allows you to apply payments and perform reconciliation at the same time, or complete reconciliation later when the journal is posted.
Below, you will find links to articles that provide detailed guidance on each step of the process.
To get started
To begin using the Payment Reconciliation Journal, see:
- Introducing the Payment Reconciliation Journal - overview of the general functionality.
To import payments
Import external payment data into the journal:
- Importing payments into the Payment Reconciliation Journal - step-by-step instructions for importing payments.
To process payments
Learn how to review and reconcile payments:
- Working in the Payment Reconciliation Journal - guidance on processing and reviewing payments.
To post payments and manage statuses
Understand the posting workflow and statuses:
- Handling payment reconciliation postings in the Payment Reconciliation Journal - how entries are managed after posting.
- The statuses in the Payment Reconciliation Journal - learn about statuses and required follow-up actions.
To resolve discrepancies
Address amount differences and currency rounding: