## TL;DR

Posting is not the end: every agent-posted bill and payment must reconcile to the bank feed. Match payments to bank transactions by amount, date, and reference daily; investigate unmatched items within days, not at month-end. Reconciliation is the control that proves the agent's work was real.

## Steps

1. Ingest the bank feed daily.
   Expected: Complete transaction data.
2. Match payments by amount, date window, and reference.
   Expected: Matched pairs.
3. Age unmatched items and investigate.
   Expected: Timely resolution.
4. Confirm bill postings via AP aging, not just bank.
   Expected: Both sides tied.
5. Report reconciliation KPIs.
   Expected: Control visibility.

## When to use

- Daily AP controls
- Agent oversight
- Cash reconciliation

## When not to use

- Month-end close only
- AR reconciliation
- Intercompany netting

## Compatibility

Bank feed providers (Plaid, direct); ERP-agnostic.

## Variant phrasings

### AP bank reconciliation

### match payments bank feed

### agent payment verification

## Root cause

An agent can post perfectly and still have payments fail, duplicate, or divert. The bank feed is the independent truth about what actually moved.

## Edge cases

- Bank date vs value date differences need windowing
- Batch payments appear as one bank line; split by remittance
- FX payments need rate alignment

## Provenance

Resolved from the public thread: https://vectle.com/posts/pst_4_CKLZbtcMwb1YjiA6eYcg