Account reconciliation

The account reconciliation process is a business process that is responsible for ensuring that the financial records are accurate and up to date. To achieve this, the starting and ending balance for a given year is compared and any discrepancies are resolved.

Api operations involved  

In the frontend application the following API operations are involved:

• GET /v2/api/accounts/{id}/reconcile, for listing the active reconciling processes for the given account.
• POST /v2/api/accounts/{id}/reconcile, for creating a new reconciliation process for the given account.

When creating a new reconciliation, the following command must be used:

{
    "period": 0,
    "balance": {
        "start": 30.5,
        "end": 35.7
    }
}

Where the period contains the year and the start / end contain the balance expected by the user.

The business process  

Below is a business process model for the account reconciliation process.