Glossary

What is invoice reconciliation?

Invoice reconciliation is matching your invoices against another record, purchase orders, statements from the vendor, or payments made, to confirm everything lines up and nothing is missing, doubled, or mis-stated. It keeps what you think you owe in step with what you owe.

What gets reconciled

Three pairings cover most of it:

  • Invoice to purchase order: did we agree to this?
  • Invoice to receipt: did it arrive?
  • Vendor statement to your records at month end: did we miss any bills?

Accurate inputs, less to chase

Reconciliation falls apart when the underlying numbers are shaky. InvoiceJet extracts each invoice into verified fields, flags exact duplicates before they are recorded, and exports clean CSV or JSON, so the month-end match has fewer surprises to run down.

Common questions

How does duplicate detection help reconciliation?

It stops the same bill being recorded twice, one of the most common reasons a vendor statement and your ledger disagree.

Keep reading

Turn your next invoice into verified data

Free for 10 invoices a month, no card. Every field carries a confidence level and cites its source.