To achieve maximum efficiency in your work processes, Adra Match’s experienced team of consultants is available to customise your chart of accounts. Various adjustments are made according to the reconciliation area you are working with.
Card transactions are usually kept together in the same journal. Our solution for this type of reconciliation is to separate the different cards into separate accounts and thus have a clear structure for reconciliation.
Examples of changes in chart of accounts
Card reconciliation, all transactions currently entered in account 1511.
Solution, use the following chart of accounts for cards:
- 1511 Amex
- 1512 Diners
- 1513 Babs