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How are payment holds and blocks managed within the run process? How do payment runs support cash flow and working capital management? What is positive pay and how does it prevent payment fraud? How are cross-border/foreign-currency payments handled in a payment run? How does AP interact with treasury and cash forecasting around payment runs? How do you prevent and detect duplicate payments across payment runs?
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Accounts Payable & Receivable › Payment Runs

How do you reconcile a payment run to the bank and the ledger?

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Answer

After a run, agree the total of the bank payment file to the AP clearing postings and to the cash leaving the bank account. Investigate rejected/returned payments (e.g., closed accounts), re-issue as needed, and ensure each cleared item matches an open payable now cleared. This ties the sub-ledger, GL, and bank together.
Real-world example Two ACH payments bounce due to closed accounts; AP re-opens the payables, corrects bank details, and re-pays in the next run.

Common follow-ups: What causes returned payments? | How are rejects re-processed?

Reconciliations Cash Application Payment Runs
All 21 Payment Runs questions