Accounts Payable Reconciliation is a process used to ensure the accuracy and completeness of recorded expenses in an organization. It involves comparing financial records, such as invoices and purchase orders, with current accounts payable information to verify validity. The purpose of reconciliation is to identify any discrepancies and rectify them so that accurate and timely payments can be made to creditors. Keeping your accounts payable current not only helps cash flow but also increases the overall financial health of your business. By taking proactive measures to reconcile accounts payable, you can make sure everything is up-to-date, so you’re always prepared for audits.