Reconciliation is an accounting process that helps businesses compare the difference between two financial records or account balances. Be it through cash or online transfer.
Reconciling payments is simple with Open.
1.You can visit the ‘Sales’ section available on the left-hand panel of the dashboard and then click on the ‘Reconcile’ tab.
2.Then select the Invoice or payment link that you wish to reconcile from the drop down menu on the left-hand side of the dashboard.
3.Once you select the action item, then you can choose to reconcile the payment. Be it online or a cash transaction.
4.And reconcile the transaction at once.