UK Supplier statement rec - Sage

[Riskreep]

Just to clarify…I'm new to sage however not new to accounting.


Scenario –

Statement comes in from supplier & I want to reconcile the statement balance to the supplier sage balance.


Extract debtors detailed report from sage for the supplier and working from the statement tick off all the invoices that are on the system…


In theory that should match to the statement balance assuming no payments have been made that are not showing on the statement yet, right?


Not always the case

 

[Fidget]

In theory, yes, but in practice, as with any reconciliation, all too often something is amiss!