Bank reconciliation

Step by step

1. Snapshot Treasury Preparer

   Treasury Preparer captures dated provider ledger and available balances.

   • Balance context for an account
   • Updates Account snapshots, Financial accounts

2. Movement intake Treasury Preparer

   Treasury Preparer records a source-identified movement on the correct account.

   • Unmatched movement
   • Updates Reconciliation items, Financial accounts

3. Instruction comparison Independent Treasury Approver

   Independent Treasury Approver checks account, amount and confirmed occurrence date.

   • Exact match or unresolved movement
   • Updates Reconciliation items, Bank instructions, Instruction accounts

4. Exception review Independent Treasury Approver

   Independent Treasury Approver investigates differing amounts, dates or accounts.

   • Visible exception with source record
   • Updates Reconciliation items, Bank evidence

5. Audit trace Auditor

   Auditor follows the movement to its matched instruction and evidence.

   • Traceable reconciliation result
   • Updates Reconciliation items, Bank instructions, Bank evidence

Treasury Preparer

Owns preparation and provider follow-up.

Independent Treasury Approver

Makes the human decision and checks exceptions.

Auditor

Traces the retained result.

App Administrator

Manages organization membership and configuration.