reconciliation

SKILL.md

Reconciliation

Important: This skill assists with reconciliation workflows but does not provide financial advice. All reconciliations should be reviewed by qualified financial professionals before sign-off.

Methodology and best practices for account reconciliation, including GL-to-subledger, bank reconciliations, and intercompany. Covers reconciling item categorization, aging analysis, and escalation.

Reconciliation Types

GL to Subledger Reconciliation

Compare the general ledger control account balance to the detailed subledger balance.

Common accounts:

Accounts receivable (GL control vs AR subledger aging)

Accounts payable (GL control vs AP subledger aging)

Fixed assets (GL control vs fixed asset register)

Inventory (GL control vs inventory valuation report)

Prepaid expenses (GL control vs prepaid amortization schedule)

Accrued liabilities (GL control vs accrual detail schedules)