Accounts Reconciliation Blog

The accounts payable also known as AP is the reported liabilities in the books. By the end of the month or end of the year each company must reconcile the books.  The accrual method of accounting is to record the expenses as they happen or the cash method which means to record the expenses when they are paid.
 
If your question is how do you reconcile accounts payable, here is a simple way to do that. Make sure that the sum of accounts payable is equal to the subsidiary ledger balance.  When using a spreadsheet to reconcile put the sum of accounts payable in column A from the general ledger. In column B put the detailed balance of accounts payable.  If column A and column B match then the account is reconciled. If they do not match then there is a lot of work to do to get them to balance.