Data governance - Activity
Data reconciliation
Comparing data from different sources and resolving differences until the figures agree
What's it for?
Finds and explains differences between two sets of figures so people can trust that they agree.
For example…
Month-end, accounts match bank payments to invoices and chase any gaps
Finance reconciles the warehouse's £4.2m monthly sales total against the accounting system and investigates the £12,000 difference before reporting
Think of it like…
Balancing your wallet against your bank statement until every pound is accounted for