Nexxo
Payment reconciliation
Checking that actual payments match balances and recorded expenses.
What it means
Checking that actual payments match balances and recorded expenses.
An everyday example
Compare a reimbursement with the amount owed before marking it as settled.
Why it matters when splitting expenses
Agree the allocation rule, reference currency and settlement date with your group. Keeping these details visible helps avoid misunderstandings when expenses and repayments happen on different days.
