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Bank reconciliation

Also called Bank rec · Cash application

TL;DRMatching lines on the bank statement to the invoices they paid.

An invoice marked paid is a claim. A deposit on the bank statement is a fact. Reconciliation ties the two so billing belief and bank reality agree — and collections stops chasing money that already arrived.

Sonic matches on amount, reference, and the payer's name against the bill-to party and its contacts. Confident matches settle on their own; the rest queue for a person with candidates ranked.

Where it happens in Sonic

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See it on your contracts

A walkthrough on the agreements and files you actually bill from — not a slide deck.