How to Reconcile Customer Payments (AR) with Unified's Accounting API

Accounts Receivable (AR) reconciliation is often misaligned when relying solely on payment events, leading to discrepancies across multiple accounting systems. Unified's Accounting API addresses this by anchoring reconciliation in the general ledger, where invoices define obligations and transactions record payment events. Instead of treating customer payments as separate entities, they are integrated as ledger entries, ensuring that reconciliation logic remains consistent across providers by interpreting transactions in context. The process involves listing invoices and transactions, matching payments to invoices using documented fields, and computing AR metrics like open and paid AR to maintain an accurate financial picture. Validation against AR balances and reports further ensures accuracy, with invoices providing the authoritative state of what's owed and transactions detailing the events that have occurred. This approach offers a robust framework for reconciling AR, emphasizing the importance of invoices as the definitive source of truth and transactions as the record of financial activities.