Card Ledger Reconciliation

At OBG Outsourcing Private Limited, we help businesses maintain total financial integrity, prevent fraud, and ensure audit readiness through comprehensive Credit Card Reconciliation Services.

Managing high volumes of corporate card transactions, merchant fees, processing delays, and receipts across multiple team members can quickly turn into a financial headache. Our dedicated team of accounting professionals acts as your financial line of defense—identifying discrepancies, matching every transaction, and keeping your general ledger accurate and up to date.

What We Do: End-to-End Reconciliation Process

We bridge the gap between your Credit Card Statements / Merchant Merchant Feeds and your General Ledger, bringing clarity and control back to your cash flow.

[ Credit Card Statements ]  <--->  [ OBG Outsourcing Team ]  <--->  [ General Ledger ]     (Feeds / PDF / CSV)         (Identify, Match & Fix)        (Reconciled & Audit-Ready)

Key Features & Capabilities

1. Transaction Matching

Cross-Reference Accuracy: We match internal expense receipts, invoices, and merchant reports against monthly credit card statements and direct electronic feeds.

Line-Item Verification: Ensure every posted transaction aligns with verified purchases across all cardholders.

2. Discrepancy Resolution

Double-Billing & Overcharges: Instantly flag duplicate transactions, vendor double-billing, and erroneous charges.

Unauthorized Charges: Detect fraudulent or unapproved employee expenses before they impact your bottom line.

Fee Auditing: Identify hidden bank charges, unexpected processing fees, and interest rate adjustments.

Timing Delays: Track pending authorizations and timing differences between purchase dates and statement posting dates.

3. Outstanding & Pending Item Tracking

Missing Receipt Management: Track missing employee receipts and follow up on unverified expense claims.

Unsettled Transactions: Monitor uncleared refunds, chargebacks, disputed charges, and pending merchant settlements.

4. Multi-Currency Reconciliation

Exchange Rate Fluctuations: Accurately reconcile international credit card transactions with real-time exchange rate tracking.

Cross-Border Fee Tracking: Monitor foreign transaction fees and currency conversion spreads.

Why Outsource Credit Card Reconciliation to OBG?

Audit-Ready Financials Guarantee:

Every account handled by the OBG Outsourcing Team undergoes a rigorous double-verification process to deliver clean, reconciled financial reports for your monthly closes and year-end audits.

How Our Workflow Works

Data Ingestion: Securely connect your bank feeds, upload monthly statements, and collect employee expense receipts.

Automated & Manual Matching: Our team cross-references transaction logs using advanced accounting tools combined with human review.

Discrepancy Flagging: Unmatched items, duplicate charges, or suspicious activities are immediately flagged for client approval.

General Ledger Posting: Cleared transactions are categorized, coded, and posted directly into your accounting system (QBO, Xero, NetSuite, etc.).

Reporting & Insights: Receive detailed monthly reconciliation summaries and cash flow visibility reports.

Ready to Streamline Your Credit Card Reconciliations?

Partner with OBG Outsourcing Private Limited to eliminate receipt chaos, prevent unauthorized charges, and keep your financial statements perfectly balanced.

Contact us today to discuss a customized reconciliation solution for your business!