System and method for account reconciliation

A method for account reconciliation, comprising the steps of:

• initiating data gathering via a data gathering subsystem;
• importing gathered data via a reconciliation data processing subsystem;
• importing payment data via the reconciliation data processing subsystem;
• comparing the gathered data with the payment data via the reconciliation data processing subsystem to differentiate items with unmatched key information and items with matched key information as well as unmatched sale information;
• storing items with the unmatched key information in a missing table;
• and
• storing items with the matched key information incorporated with unmatched sale information in an exception table.

A method for account reconciliation, comprising the steps of:

• gathering account-related data in a system;
• importing said data gathered in said system;
• importing payment data in said system from a client system;
• comparing said data gathered in said system with said payment data to differentiate items with unmatched key information from items with matched key information;
• identifying items with unmatched sale information out of said items with matched key information;
• storing said items with unmatched key information in a missing table;
• and storing said items with unmatched sale information out of said items with matched key information in an exception table independent and different from said missing table.