Process Payment Reconciliation

Process Payment Reconciliation does the same matching as the Payment Reconciliation tool but as a background job, for a party or account with hundreds of open items where the interactive screen would time out. You set the company, party and account, submit, and the server works through the unreconciled entries in batches, writing the same Payment Ledger links and, for credit and debit notes, the same Journal Entries as the manual tool. Progress and failures are recorded in a Process Payment Reconciliation Log. Use it after a bulk import of payments or when cleaning up a year of unallocated receipts; for one customer and a few invoices the manual tool is faster.

1. 01Go to Payments > Process Payment Reconciliation > New.
2. 02Pick the Company, Party Type, Party and the receivable or payable account.
3. 03Optionally set From and To dates to limit the vouchers, then Save and Submit.
4. 04The job runs in the background; the status moves from Queued to Running to Completed.
5. 05Open the linked Process Payment Reconciliation Log to see allocations made and any errors.

Create under Accounts > Process Payment Reconciliation when the manual tool times out. Submitted runs lock.

Reconcile 148 payment entries against 207 sales invoices in one run.