Supplier statement reconciliation means checking a vendor's vendor statement against the bills and credits in your books, so nothing is missing or paid twice.
What CloudSuite Industrial does on its own
Vendor statement reconciliation is not a standard A/P screen in the guide. The only statements covered are bank statements in Bank Reconciliation. Staff use the A/P Aging Report and Vendor Communications log.
- Use aging report
Setting it up in CloudSuite Industrial
- Get the vendor statement for the period.
- Run the A/P Aging Report for the vendor.
- Compare each statement line with the invoice number and amount.
- Note differences in the Vendor Communications log.
- Correct vouchers or ask the vendor for a copy of the missing invoice.
- Use Payment Hold with a reason on the vendor if a dispute needs to stop payment.
Good to know in CloudSuite Industrial
- Bank Reconciliation is for bank statements, not vendor statements.
- The Accounts Payable steps in the Financials guide have no vendor statement reconciliation.
- Add on tools cover statement reconciliation as a separate category.
How to do it in CloudSuite Industrial
How to run the A/P Aging Report in CloudSuite Industrial
In CloudSuite Industrial, run the A/P Aging Report as at your chosen date. Check the total ties to your accounts payable balance and look at items over 30 days.
What Pulsify adds
- Forward the statement to Pulsify. It recognises supplier statements.
- Pulsify reads the period, opening and closing balance and every line.
- Each line is checked against the supplier's documents in Pulsify and bills and credits from CloudSuite Industrial.
- Lines that do not agree are named with a reason.
- A person checks the balance and marks the statement reconciled.
Pulsify connects to CloudSuite Industrial. We set up the connection for you. More about supplier statement reconciliation in Pulsify.
What Pulsify does not do
- Nothing on a statement is written to CloudSuite Industrial.
- A person always presses Mark as reconciled.
More help
- Supplier statement reconciliation for Dynamics 365 Finance
- Supplier statement reconciliation for Kinetic
- Supplier statement reconciliation for IFS Cloud
- Invoice approvals for CloudSuite Industrial
- Invoice capture for CloudSuite Industrial
- Supplier credit notes for CloudSuite Industrial
- All CloudSuite Industrial how-to guides
Sources
Last checked 2026-10-19.
Common questions
Does CloudSuite Industrial reconcile vendor statements?
No standard screen was found in the Financials guide. The only statements covered are bank statements in Bank Reconciliation.
What do people use instead?
The A/P Aging Report and the Vendor Communications log. Compare each statement line with the vendor's invoice numbers and amounts, then note any differences.
Is Bank Reconciliation the same as a vendor statement check?
No. Bank Reconciliation matches your bank statement to the cash book. It does not read a statement sent by a vendor.
How often should I reconcile statements?
Monthly for your biggest suppliers, before the payment run. Start with the suppliers you pay the most.
Pulsify setup guides
Want this done for you?
Book a call to see how Pulsify handles supplier statement reconciliation in CloudSuite Industrial.