Reconcile a Payment Account Statement

How to Reconcile a Payment Account Statement in Muhasib ERP
Overview
This guide will help you compare and confirm a Muhasib cash, bank, wallet, or other payment account to an external statement or physical control.
The account has an explained balance and a documented list of unresolved timing items.
Who can do this
You need access to Payment-account report access and authorized account scope; correction rights are separate.
Before you start
Have the external statement or count, opening balance, exact cutoff, prior checking, and list of known timing items.
Before saving, check that the correct company is open and that you have permission to complete this task.
Where to find it
Back Office → Muhasib Financials → Payment Account Statement Report.
Reconcile a Payment Account Statement
Step 1: Select the exact account and statement date range
Step 2: Confirm opening balance against the prior close
Step 3: Match receipts, payments, transfers, fees, and reversals by date, amount,
Match receipts, payments, transfers, fees, and reversals by date, amount, and reference.
Step 4: Identify outstanding, duplicate, omitted, or wrongly classified items
Step 5: Correct source transactions through their originating workflow
Step 6: Document legitimate timing differences
Step 7: Confirm the adjusted closing balance
Check your work
Muhasib closing balance plus/minus documented reconciling items equals the external statement or physical balance.
Take a moment to check your work before closing the window. This small check can save time later.
If something goes wrong
Confirm report date semantics and opening balance before investigating lines.
Do not post unexplained journals merely to force agreement.
Related guides
Manage or Correct a Payment Account Transaction
Transfer Funds Between Payment Accounts
Review an Account Ledger
What to do next
Manage or Correct a Payment Account Transaction.