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Reconcile against the card statement

Goal​

Confirm that posted company card expenses match the card company's invoice for a period.

Steps​

When all company card expenses for a period are approved and posted, reconcile them against the card company's invoice:

  1. Post the card company invoice as a vendor invoice in Business Central, using the same GL account configured as the Balance Type on the Company Card Agreement (e.g. account 5415)
  2. Open the GL entries for that account - you will see credit entries from TEM expense postings (one per expense) and the debit entry from the card invoice
  3. Net to zero - when the TEM credits equal the statement debit, the period is reconciled. A remaining balance means there are unposted expenses or a discrepancy to investigate

The expense description carries through to the GL entry, so individual transactions are traceable from the balance account. For the full mechanics, see Company card flow.