Transaction-level reconciliation matching
Minimise internal reconciliations in a unified ledger.
Real-time external reconciliation against bank statements and processor files.
Breaks surface the moment they appear. The close takes minutes.
In practice
Minimise internal recs
Operations, finance, and treasury read one record.
Nothing drifts between systems.
External recs, automated
Statements and processor files match line by line as they arrive.
Every match clears its clearing entry while every miss becomes a break.
Breaks surfaced instantly
Every break carries an age and an owner from the moment it appears.
Close in minutes
Balances anchor to statement closing figures.
Journals are ready for your GL.
Questions
Does Ledger Rocket reconcile against bank statements and external processor files?
Ledger Rocket matches statements and processor files line by line against ledger postings as they arrive. Every match clears its clearing entry while every miss becomes a break your teams can easily look into.
Does a reconciliation match in Ledger Rocket need approval before it is released?
There is a recorded checker decision on every match and configuration change. A proposed match requires that decision, and mismatches and ambiguities go to operator investigation instead.
What happens to unmatched items in Ledger Rocket?
Every miss becomes a break, and every break carries an age and an owner from the moment it appears. Unmatched items open in Investigations.
Which account types does Ledger Rocket use for reconciliation?
Account codes carry functional types for clearing, control, reconciliation, and cash-in-transit positions. Clearing represents expected movements, control represents bank statement entries, reconciliation holds a confirmed difference between clearing and control for investigation, and cash-in-transit classifies inter-bank transfer timing differences.