Reconciliation
Matching money received against sales recorded, so that every payment is explained and every sale is paid for.
Also called
You will also see this written as reconciling and matching payments. Kenyan businesses use these interchangeably in conversation even where the underlying things differ, which is worth knowing when someone tells you what you need.
Where you meet this
Reconciliation is making money received agree with sales recorded. When they disagree, one of three things happened: a sale was not recorded, a payment went elsewhere, or something was counted twice. Which one it was matters, and there is no way to tell without checking.
What it sits alongside
In Kenyan business records reconciliation sits alongside M-Pesa, Till number and Record keeping. The pages for each explain how they connect.
Related terms
Common questions
What does Reconciliation mean in Kenya?
Matching money received against sales recorded, so that every payment is explained and every sale is paid for.
Is Reconciliation the same as reconciling?
In everyday use Kenyan businesses treat these as the same thing. Matching money received against sales recorded, so that every payment is explained and every sale is paid for.
How do I know this information is current?
Tax rules in Kenya change with each Finance Act and with regulations made during the year. Before acting on any figure, deadline or threshold, check the current position on KRA's own website.
Sources
- officialKenya Revenue Authority — Kenya Revenue Authority, checked 2026-09-18