Supplier Statement Reconciliation
Reconcile supplier statements to the ledger and surface the invoices the ledger never recorded.
- Ledger + supplier statements at year end
- Key analysis in Purchases & payables
How the result is read
A supplier statement is third-party evidence and the strongest search for unrecorded liabilities: what the supplier says is outstanding and the ledger has never seen is a liability to record, not a timing difference. Each statement line is matched to the ledger by supplier and reference; the ledger’s open items for the same supplier are then checked against the statement, so an item can be missing from either side.
In the application
Supplier Statement Reconciliation is filed under Purchases & payables, index letter D. "Run all analyses" runs it with every other analysis the ledger and the documents loaded can answer. The worksheet states the population it tested on its face — or "Not applicable" with the reason when a column it depends on is empty — and the Excel workbook the engagement exports files it under D, beside an index of the source files with their SHA-256 fingerprints.
Read it with
Run your next audit file test without the Excel crash.
One free engagement to evaluate, valid 60 days. The ledger never leaves the machine.
- 20 minutes
- Runs on a fictional engagement
- No client data required