täsmätystä

Täsmäytys is a Finnish term referring to the process of comparing two sets of records to ensure they are in agreement. In business and accounting contexts, täsmäytys is used to verify that financial data from different sources—such as bank statements, the company’s accounting ledger, and supplier or customer records—match and balance. The aim is to identify and resolve discrepancies to produce accurate, auditable records.

Common applications include bank reconciliation, where the company’s cash ledger is aligned with the bank statement; accounts payable and accounts receivable reconciliation, where invoices are matched against payments received or issued; and intercompany or inventory reconciliations. Täsmäytys helps detect timing differences, data entry errors, duplicate entries, missing transactions, or fees and charges that were not previously recorded.

A typical täsmäytys process involves collecting the relevant data from the systems involved, applying matching criteria (such as invoice numbers, dates, amounts, and reference fields), and flagging unmatched items for further investigation. Discrepancies are investigated, and corrective actions are taken—such as posting adjustment entries, reissuing invoices, or contacting counterparties. The process generally concludes with a reconciliation report and a summarized status of the accounts.

Automation and software play an increasing role in täsmäytys, enabling rule-based automatic matching and exception handling within ERP or financial management systems. Effective täsmäytys supports accuracy in financial reporting, strengthens internal controls, and improves cash flow visibility and audit readiness.