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Agents · Reference

Reconciliation Types

Published documentation for BMS Cloud.

Reconciliation types

A reconciliation is run for one type, and the type decides what it goes looking for. The Reconciliations screen is tabbed by them.

Type Finds
Finance Current Agent disbursements on current invoices, at finance contract rates, invoiced within the period
Finance Arrears The same, on invoices in arrears
Finance Excess Disbursements for excess on finance contract rates, invoiced within the period
Internal Service Disbursements on internal service rates
External Service Disbursements for an agent on all external service rates, invoiced within the period
Interco Service Inter-company service disbursements
Adjustment A manual correction
Payout A payout

The Reconciliations screen also carries an In Progress tab, which is a view across types rather than a type of its own.

Finance and service are handled differently

The three finance types are grouped as finance internally, and Finance Current and Finance Arrears share a single disbursement basis. The service types are grouped separately. This is why the tabs are ordered finance first, then service — they are two different calculations, not one calculation with a filter.

Columns

Column Description
For Period The period being reconciled, as a date range
Type One of the above
Due When it is due
Entity The entity the reconciliation belongs to
Agent The agent being reconciled
Items How many disbursements were found
Approved How many of those items have been accepted
Value The reconciled value
State See Reconciliation states

Note

Items and Approved are separate counts and routinely differ. A run showing 517 / 416 has found 517 disbursements of which 416 are accepted. The gap is the work: those items need looking at before the run can be approved.

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