Reconciliation in Audit Operations

This article explains the reconciliation feature within audit operations in Qoyod, which lets you add account statements and perform accounting reconciliation between lists.

Path in Qoyod

Reports › Account Statement › Add to Audit Operation

Steps

1. Prepare the Account Statement and Add It to the Audit

1. From “Reports”, select “Account Statement”.
2. Apply the required filters (date, filter type, advanced analysis).
3. Click “Add to Audit Operation”.
4. Choose to create a new audit operation of type “Reconciliation” or add to an existing one.
5. Fill in the data and click “Continue”.

2. Start the Reconciliation Process

1. Open “Accounting” then “Accounting Quality”.
2. Click “View” for the added audit operation.
3. Add the other list (for reconciliation between two lists).

3. Reconcile Between the Two Lists

1. Click “Match” next to an item in List (A). Its status changes to “Selected”.
2. The matching list opens from List (B). Click “Add to Match” to link the documents.
3. When the difference is 0 in value-matching mode, click “Match”.
4. The status changes to “Matched”.

Complete Later

If there is a difference, click “Complete Later” to return and make adjustments and reconcile afterward.

Reopen an Audit Operation

1. Click the “View” icon next to the audit operation.
2. Click “Reopen”.
3. The status changes to “Pending”, so you can add the remaining documents and complete the reconciliation, complete later, or cancel the operation.