Account reconciliation

Step by step

1. Verify Provider Evidence Independent Treasury Approver

   Independent Treasury Approver confirms the instruction's bank event has been checked.

   • Establish checked confirmation or settlement
   • Updates Bank evidence, Bank instructions

2. Reconcile Movements Independent Treasury Approver

   Independent Treasury Approver compares the provider movement's account and exact amount with the confirmed instruction, and its occurrence date with verified confirmation or settlement evidence.

   • Match an exact movement or preserve an exception
   • Updates Reconciliation items, Financial accounts, Bank instructions, Account snapshots

3. Verify Operation Receipt Auditor

   Auditor checks the receipt's effect references against the persisted instruction and evidence.

   • Compare recorded claim with actual effects
   • Updates Operation receipts, Bank instructions

Independent Treasury Approver

Checks movements and provider evidence.

Auditor

Verifies receipts and exceptions.

Treasury Preparer

Supplies instruction context.