Accounts receivable reconciliation

Accounts receivable reconciliation for incoming payments

Accounts receivable reconciliation checks that customer invoices, received payments, credits, and remaining balances agree across the subsidiary ledger and supporting records. InvoiceReconcile covers the incoming payment matching portion of that process. It does not perform accounts payable invoice matching.

Best fit: AR teams and bookkeepers validating customer balances before close or handoff to an accounting system.

20 payments per month free. No credit card or accounting connection required.

AR reconciliation is not AP matching

Accounts receivable tracks amounts customers owe the business. Accounts payable tracks amounts the business owes suppliers. Incoming customer payment matching belongs to AR. Supplier invoice capture and bill approval belong to AP. Mixing the terms makes both the workflow and search results less useful.

Within AR, payment matching is one control. A complete reconciliation may also compare the customer subledger to the general ledger control account, review aging, investigate credits, and confirm cutoff.

Build a close-ready trail

Keep source invoice balances, imported payment details, proposed applications, reviewer decisions, and exports connected by stable identifiers. That trail helps explain why an invoice was marked paid and whether an amount remained unresolved at the reporting date.

Duplicates deserve special attention because the same bank transaction may arrive in more than one export. File hashes, transaction identifiers, and source lineage reduce the chance of double counting.

  • Tie applications to source transactions
  • Separate confirmed from proposed matches
  • Review unapplied cash and customer credits
  • Document cutoff and unresolved exceptions

Use the accounting system as the final ledger

InvoiceReconcile helps prepare and confirm incoming-payment matches. Your accounting system remains responsible for the posted AR ledger and financial statements. Exported results should be reviewed against the destination account, posting date, and customer record before they change the books.

That boundary is especially important for deductions, foreign currency, write-offs, and credits, which may require accounting judgment beyond matching evidence.

Try this workflow on your next reconciliation.

Start with 20 payments per month, including CSV/XLSX imports, exception review, and exports. Upgrade when you need more volume, client workspaces, or custom rules.

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