Process Payment Reconciliation in ERPNext
The Process Payment Reconciliation feature is used to automatically reconcile a large number of invoices and payments without manual allocation.
It is designed for high-volume reconciliation scenarios where manual matching is time-consuming.
When to Use
- Large number of invoices need to be reconciled
- Manual allocation is not practical
- Bulk payments need automatic matching
Prerequisite Setting
Before using this feature:
- Enable Auto Reconcile Payments in Accounts Settings
Steps to Use Process Payment Reconciliation
- Go to Process Payment Reconciliation doctype.
- Select Company, Party, and Receivable/Payable Account.
- Save and Submit the document.
- Status will change to Queued.
Once queued, the system automatically processes reconciliation in the background.
Background Processing
- A scheduled job runs every 15 minutes
- It picks up queued reconciliation requests
- Users can manually trigger using Start / Resume
Reconciliation Logs
- System creates a Process Payment Reconciliation Log
- Shows total allocations processed
- Displays successfully reconciled entries
Key Benefit
Process Payment Reconciliation enables automated, high-speed matching of invoices and payments, significantly reducing manual accounting effort.