How to use Accounting Reconciliation Feature

In Odoo, you can reconcile different General Ledger (GL) Accounts

Eg: You need to reconcile your bill with a payment

In Order to be able to reconcile an account, you need to activate the reconciliation option in the GL Account. 

Activate the Reconciliation option in a GL Account.

1. Go to Accounting > Configuration > Chart of Accounts

2. Locate the required GL Account

3. Click " Allow Reconciliation" Button

Reconcile the Account

1. Go to Accounting > Accounting > Reconciliation

• Find the account to reconcile
• Select the matching credit and debit to reconcile (Liability and the payment)
• Click Reconcile

Once you have reconciled all the transactions, only the additional transaction will remain that you need to investigate.

That is how you will reconcile a GL Account in Odoo.