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Bank ↔ GL Reconciliation

ActiveTier 1
Last reviewed: Jan 28, 2026 · Owner: Finance Ops Engine
SOP Document
View SOP
Purpose
  • Match bank transactions against general ledger entries
Inputs & Systems
  • NetSuite
  • Data Warehouse
Escalation & Audit
  • Escalate exceptions, material variances, or confidence below 85% for human review.
  • Log every action with timestamp, system touched, and SOP rule applied.
Extracted Rules
Unmatched Bank Transactions
Flag bank transactions without a matching GL entry.
Review if < 85%
Conditions
  • Bank transaction has no GL match within reconciliation window
Actions
  • Propose match or create reconciliation item
  • Log variance in reconciliation report
Escalation

Escalate material variances for human review.

Systems
NS
DW
Recent Audit Trail
NS
Bank ↔ GL Reconciliation executed
Auto-resolved
98%
Jan 28, 2026 · 10:12am
DW
Bank ↔ GL Reconciliation exception flagged
Routed for review
81%
Jan 27, 2026 · 4:36pm
NS
Bank ↔ GL Reconciliation audit export generated
Audit log stored
—
Jan 26, 2026 · 9:02am
Version History
v1.2Jan 28, 2026
Reviewed escalation thresholds and audit checkpoints.
v1.1Jan 12, 2026
Expanded system mappings and exception handling.
v1.0Dec 18, 2025
Initial SOP release from core library.
Escalation Chain
Step 1
Finance Ops Lead
Trigger: Confidence < 85% or variance > $10K
SLA: 4 hrs
Step 2
Controller
Trigger: No response within SLA
SLA: 12 hrs
Step 3
CFO
Trigger: Materiality > $50K
SLA: 24 hrs