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Guides

Supplier Statement Reconciliation Guides

For accounts payable clerks and bookkeepers who check what suppliers say they are owed against what the ledger says. A supplier statement reconciliation compares the two, line by line, and explains every difference. These guides cover the method, the tools, and the problems that come up.

Where to start

If you read one, read the full method with its worked example.

I do this by hand today

Start with the method, then take a template and a checklist.

I use Xero or QuickBooks Online

The same method, in the reports your system gives you.

Something does not add up

Find the cause of a difference and what to do about it.

Concepts and comparisons

How statement reconciliation sits next to other AP checks.

Vendor reconciliationVendor Reconciliation: What It Covers and How to Run ItVendor reconciliation covers the accounts payable tie-out, vendor balance checks, who owns them, tolerances and cadence, with a worked $338.60 example.Read the guide

ComparisonStatement Reconciliation vs Invoice Matching: What's the Difference?Three-way matching checks one bill before you pay. Statement reconciliation checks the whole account after. A worked example shows what each catches.Read the guide

ComparisonSupplier Statement Reconciliation vs an AP Recovery AuditAP recovery audit or supplier statement reconciliation: what each finds, what each costs, with the fee arithmetic and a three-question way to choose.Read the guide

Controls and team practice

What auditors look at, and how teams run this month after month.

Internal controlSupplier Statement Reconciliation as an Audit Control: How It Gets TestedIs supplier statement reconciliation a key control? What auditors test under SOX, UK Provision 29 and Australian rules, and the evidence to keep.Read the guide

Best practicesSupplier Statement Reconciliation Best Practices: 12 Habits for AP TeamsSupplier statement reconciliation best practices: 12 habits for when to run the check, who owns each difference and what to chase first.Read the guide

Try it on a real statement

Forward a supplier statement and see every line checked against your ledger.

See the free reconciliation Take the free course