Review payment reconciliation before closing

Purpose

The controller uses Reconciliation’s assessment to understand payment work and bank-verification concerns before closing.

How It Works

Readiness requests the selected month’s assessment from Reconciliation. It preserves the findings rather than making an independent reconciliation judgment. Blockers prevent closing, while warnings call for review. Funds in transit are displayed by currency as timing differences. When the assessment is unavailable, the screen reports that condition rather than a successful check. Bank verification has a separate policy-dependent requirement. Its default is advisory, and a stored requirement makes unmatched finalized payouts block. No customer-facing setting currently exposes that choice. The product should add an administrator control for the approved workspace policy. The adjacent panel gives staff the payment totals, exceptions and clearing context behind the findings.

Relationships

• Readiness calculates the combined verdict from these results.
• Late postings enter this review through Reconciliation’s assessment.
• The close record preserves the reconciliation information captured by execution.