What is Reconciliation in OpenERP
From Wiki "Reconciliation refers to a process that compares two sets of records (usually the balances of two accounts) to make sure they are in agreement" - Ok!
For our Sins we used to use Sage! We would 1. Create an Invoice in the system (purchase or sale) 2. The client would send us a remittance saying they'd paid or we would pay our supplier 3. We would reconcile the bank statement balance and entries against all the bank entries in the system, to check that the payments had cleared and balances match. Ok so far!
With Openerp when we come to reconciling the bank statement (currently just manually importing the Invoices) we find the transactions aren't their, it appears this is because they have already been reconciled! We ASSuME this has something to do with when we make the payment e.g. following the clients remittance the reconciled box has been ticked?
We also use the "account_transfer" module for bank to bank transfers, these also don't appear on the import list - we ASSuME this has something to do the stages "Confirm" and "Done"
So my question please... Is Reconciliation in OpenERP "marking invoices as paid" or "matching paid and unpaid invoices to the bank statement"?