Bank ↔ GL Reconciliation
CompletedLast run: 2h ago
NS
DW
Objective
Deliver same-day bank reconciliation with exception handling and audit-ready outputs.
Delivers same-day reconciliation with a 96.6% auto-match rate and fewer close delays.
Auto-match rate
96.6%
Exceptions cleared
65
Cash visibility
Same-day
Est. annual value
$260k
Why This Matters
- Manual reconciliations delay cash visibility and close timing.
- Unmatched transactions create audit risk and rework.
- Teams spend hours chasing timing differences across systems.
Outputs & Controls
Outputs
- Reconciliation report with exception queue
- JE batch for bank fees and adjustments
- Audit log of matches and overrides
Controls
- Exceptions > $5K escalated for human review
- Auto-match confidence thresholds enforced
- Full audit trail captured for compliance
Run Summary
Status: Completed
Last run: 2h ago
Systems: NS, DW
Audit trail: Full action log with timestamps and SOP rules.
Run Notes
Exceptions route to the approvals queue with full context and audit trail. Non-exception items continue without manual intervention.
All source data, decisions, and outputs are logged for controller review and audit support.
Execution Timeline
1
Ingest Bank & GL Feeds
Action: Pulled daily bank feed and GL activity for reconciliation
Completed
NS
DW
Details
- 2 operating accounts — 1,907 transactions
- GL extract — 1,982 postings
- Cutoff window: Jan 31, 11:59pm
Audit: Bank feed and GL extracts archived for audit
Next step
2
Auto-Match Transactions
Action: Auto-matched bank transactions to GL activity
97%
CompletedDW
Details
- Matched 1,842 transactions (96.6%)
- Identified 65 exceptions requiring review
- Flagged 28 timing differences within policy tolerance
Next step
3
Exception Analysis
Action: Classified unmatched items and proposed adjustments
Completed
NS
Details
- 7 duplicate bank entries flagged for removal
- 14 missing bank references — vendor follow-up drafted
- Recommend JE for $12,400 in bank fees
SOP Rule Applied: BANK-GL-001 — Review unmatched transactions > $5K
Next step
4
Reconciliation Output
Action: Generated reconciliation package and JE batch
Completed
NS
GS
Details
- Reconciliation report delivered to Controller
- JE batch prepared for posting with audit trail
Audit: Approval log attached for compliance review