Reconciliation statement overview

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A reconciliation statement is a document used to perform a supplier statement reconciliation or customer statement reconciliation.

A reconciliation statement allows to store and match the following details:

• The details of transactions with a supplier or customer according to a company's records
• The details of transactions with this supplier or customer according to their records

Matching these transaction details allows to verify if all the transactions with the supplier or customer are recorded accurately, and to detect and resolve discrepancies and errors if any.

A reconciliation statement records no accounting entries. It can be used as a base document for an AR/AP adjustment document. For example, a reconciliation statement reveals a discrepancy between a supplier balance in a company's records and the supplier balance in the supplier statement. Then, you can generate an AR/AP adjustment document from the reconciliation statement to resolve the discrepancy.

1C:Drive stores all reconciliation statements in the Reconciliation statements list. To open it:

1. Go to Sales.
2. Under Settlements with customers, click Reconciliation statements.

Alternatively:

1. Go to Purchases.
2. Under Settlements with suppliers, click Reconciliation statements.

In the Reconciliation statements list, you can:

• View reconciliation statements
• Create reconciliation statements
• Monitor and change reconciliation statement statuses
• Edit reconciliation statements
• Print reconciliation statements

For the detailed description of the reconciliation statement fields, see Reconciliation statement fields.

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