Every business, big or small, encounters a plethora of invoices in its daily operations. Whether you're a self-employed entrepreneur or a vendor, tracking your financial transactions is an essential yet daunting task. The term you're looking for here is "Invoice Reconciliation," a crucial part of accounting management where there is no room for errors. This article will delve into the concept of invoice reconciliation, its purpose, types, and handy tips for an efficient process.