--- title: "Reconcile Supplier Statements in MYOB Exo Business | MCC" description: "Reconcile a creditor statement in MYOB Exo Business: use the Transactions tab on Creditor Account Details, group by period, show only unallocated and fix…" url: "https://mcc-solutionsnj.com/bookkeeping/guides/vendor-statement-reconciliation-myob-exo" --- MYOB Exo Business # Supplier statement reconciliation in MYOB Exo Business In Exo Business the supplier is a creditor account, and its Transactions tab has everything needed to match a statement: outstanding amounts, period grouping and allocations. [Free template](/bookkeeping/templates/vendor-statement-reconciliation-template)[Free books check](/bookkeeping/health-check) Want this handled for you? Monthly bookkeeping, cleanup and year-end close for small businesses. Start with a free health check of your books. [Free health check](/bookkeeping/health-check)[Get a quote](/bookkeeping/#interest) **Related:** [Void vs delete a transaction](/bookkeeping/guides/voiding-vs-deleting-transactions) · [NJ 1099 contractor rule (ABC test)](/bookkeeping/guides/nj-independent-contractor-rule-abc-test-2026) · [Trial balance explained](/bookkeeping/guides/trial-balance-explained) **Free tools:** [Early payment discount calculator](/bookkeeping/early-payment-discount-calculator) · [How many sales do I need to break even?](/bookkeeping/break-even-calculator) [![Intuit ProAdvisor Gold tier badge](/img/credentials/intuit-proadvisor-gold.png)](https://proadvisor.intuit.com/app/accountant/search?searchId=matthew-coleman77)Gold tier in Intuit's ProAdvisor program. [See my Intuit listing](https://proadvisor.intuit.com/app/accountant/search?searchId=matthew-coleman77) Keeping your own books? Tallyfinch does invoices, bank import and reports on your computer. [See Tallyfinch](/bookkeeping/mcc-books-downloadable-bookkeeping-software) ## The steps in MYOB Exo Business - Open the creditor search, double-click the supplier and go to the **Transactions** tab on Creditor Account Details. - Tick **Group by Period** to see invoices, credits, payments and adjustments per period with the running balance. Click a period to list its transactions. - Compare the **Outstanding** column with the supplier's statement. Use **Show only unallocated** to list payments and credits that haven't been matched to an invoice: these are the most common cause of differences. - Allocate a payment or credit to the right invoice from the **Actions** menu (**Allocate**), or right-click an invoice line for **View Allocation Info**. An allocation made in error can be reversed if your profile allows it. - Flag lines you're querying with the supplier using **Toggle Query Status**, so they show with a question mark until resolved. ## The reconciliation itself, in any program - Get the supplier's statement for the period, ideally as a PDF or spreadsheet, and note its closing balance and date. - Run the supplier's balance in your books as of the same date (the report for your program is below). - Tick off every invoice, credit note and payment that appears on both. What's left over is the difference to explain. - Sort the leftovers: invoices on their statement you never entered, payments you sent that they haven't applied yet, credits one side is missing, and duplicates. - Fix only what's wrong in your books (enter the missing bill, remove a duplicate), and ask the supplier about the rest in writing. - Note the reconciled balance and date, and keep the statement with your workpaper for the month-end file. **Free template:** paste your report and the supplier's statement side by side and the differences show up automatically. [Get the vendor statement reconciliation template](/bookkeeping/templates/vendor-statement-reconciliation-template) ## Common reasons the balances don't match in MYOB Exo Business - Periods are numbered back from the current one (0 is this period, 1 is last), so check you're looking at the statement's period. - Reversing allocations needs the profile setting that allows it, and isn't available for foreign-currency or deposit transactions. - Statements from the supplier are usually by invoice date, while Exo ages by period: line them up by date, not age. ## Other programs - [QuickBooks Desktop](/bookkeeping/guides/vendor-statement-reconciliation-quickbooks-desktop) - [MYOB AccountRight](/bookkeeping/guides/vendor-statement-reconciliation-myob-accountright) - [QuickBooks Online and Xero (general guide)](/bookkeeping/guides/vendor-statement-reconciliation) ## Sources - [MYOB Exo Business help: Viewing the transaction history of an account](https://help.myob.com.au/exo/help/exo2021/desktop/Common_Procedures/Shared_Tabs/Viewing_Creditor_Debtor_Transactions.htm) Menu names are from the software maker's help pages as of November 2026 and can change between versions. General bookkeeping information, not tax or legal advice. Reach small business owners, freelancers and bookkeepers who read this guide: [advertise here](/advertise#bookkeeping). FAQ ## Common questions **Does MYOB Exo Business have a vendor statement reconciliation feature?** Not as a single matching screen. You reconcile by running the supplier's balance as of the statement date (the steps above) and ticking it against the statement, which the free template speeds up. **How often should I reconcile supplier statements?** Monthly for your main suppliers, and any time a supplier sends a reminder or past-due notice. Small suppliers can be checked quarterly. **What if the supplier's balance is higher than mine?** Usually an invoice you haven't entered or a payment they haven't applied yet. Ask for copies of the invoices you're missing and proof of where your payment went before you enter anything. Do it yourself ### Month-End Close Workbook A real month-end close in one Excel file. 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