Vendor statement reconciliation

In accounting, vendor statement reconciliation means comparing a vendorPayablesVendorA party we buy from's statement of accountReceivablesStatement of accountOne customer's open invoices, payments and credits, with the balance due, sent to prompt payment and to surface disputes before they age to what our APFoundationsAccounts payableWhat we owe vendors for bills already received subledgerCore ledgerSubledgerThe detail, by customer, vendor or asset, whose total must equal its control account in the GL shows for that vendor, and clearing the differences — an unrecorded billPayablesBillA claim against us, a payment in transit, a disputed charge. It is how unrecorded liabilities and duplicates surface.