Payment reconciliation

Step by step

1. Identify source Treasury Analyst

   Treasury Analyst opens the lease invoice or billing behind the movement and checks the counterparty.

   • Confirms source and counterparty
   • Updates Lease invoices, Lease billings, Lessors, Business partners

2. Prepare movement Treasury Analyst

   Treasury Analyst selects inbound or outbound direction, amount, method and payment date.

   • Creates Scheduled movement
   • Updates Lease payments

3. Release movement Treasury Analyst

   For a scheduled movement, Treasury Analyst uses the native release action. The receipt captures the operation result.

   • Records release outcome
   • Updates Lease payments, Operation receipts
   ApprovalA person approves before the work moves on.

4. Check bank result Treasury Analyst

   Treasury Analyst compares the movement with the bank statement and records the bank reference.

   • Retains bank reference and support
   • Updates Lease payments, Record attachments

5. Resolve exception Treasury Analyst

   Treasury Analyst investigates failed or unmatched movement before updating a source document's paid amount.

   • Keeps failed or unmatched item open
   • Updates Lease payments, Lease invoices, Lease billings

6. Complete match Treasury Analyst

   Treasury Analyst marks a verified movement reconciled and AP or AR checks the invoice or billing balance.

   • Records Reconciled state and checks balances
   • Updates Lease payments, Lease invoices, Lease billings

Treasury Analyst

Prepares, releases and reconciles payment movement; AP Specialist and AR Specialist verify source balances; Controller reviews unresolved exceptions.