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Bank reconciliation and period close

HAQ ERP uses reconciliation and close controls to protect reported accounting numbers.

Use reconciliation and close controls to keep accounting data reliable.

Bank reconciliation​

Bank reconciliation compares bank statement lines with posted ledger transactions. Use it to import statements, match receipts and payments, and identify unmatched cash movements.

Reconciliation models​

Reconciliation models help match recurring bank patterns such as fees, interest, or payment-provider settlements.

Period close​

Period close protects accounting periods from later changes. Review open exceptions before closing. VAT filings and formal reports should be generated from locked or closed ranges.

Opening balances​

Use opening balances when starting a tenant from an existing business. Enter them before regular postings so the first reports tie back to the prior system.