Reconciliation system in managerial subsidiaries

A system for preserving transactional integrity for managerial flexibility in financial accounting applications, the system comprising:

• a memory device configured to store a data input corresponding with at least one transaction event, the memory device further configured to store and index reconciling items;
• a processing device executing over one or more web servers configured to execute procedures of a managerial accounting integrity module, the module including:
• logic configured to execute a valuation by function based upon the data input corresponding to the at least one transaction event, the function-specific control business logic being adapted to execute accounting controls and managerial controls;
• logic configured to identify an instance of a reconciling item by comparing valuation outcomes between the function-specific control business logic and the accounting controls;
• and,
• logic configured to determine a reconciling item outcome in response to a user input.

A computer-readable media having financial reconciliation instructions stored thereon for preserving transactional integrity in managerial accounting applications, the financial reconciliation instructions being executable by a processor, the financial reconciliation instructions comprising:

• logic adapted to execute a plurality of function-specific valuations, the plurality of function-specific valuations being defined by a data input corresponding to a transaction event and control business logic, the control business logic being adapted to execute managerial and accounting control valuations;
• logic adapted to identify reconciling items across the plurality of function-specific valuations, the reconciling items being identified by comparing control business logic outcomes against managerial control valuation outcomes;
• logic adapted to identify a valid state change between a merchant gateway and a data transfer mechanism;
• and,
• logic adapted to enable a user to view and act upon identified reconciling items such that the user may select a treatment outcome for the identified reconciling items, and may update relevant portions of the control business logic in response to statistically significant recurring reconciling items.