Reconciliation is the process of comparing two or more sets of records to ensure they are complete, accurate, and consistent. In BoxPay, Reconciliation Configurations define how this process is carried out for a given business scenario.
Think of a reconciliation configuration as the blueprint that tells BoxPay:
- What files or systems to compare
- How to identify matching records
- What values should be reconciled
- How to handle exceptions such as duplicates or mismatches
By setting up configurations once, BoxPay can repeatedly run reconciliations in a consistent, automated, and scalable way.