Overview
Blue Onion allows you to configure your own tolerance level for General Ledger reconciliation matching. This feature helps you balance reconciliation accuracy with operational efficiency by adjusting how closely transactions need to match before they're automatically reconciled.
What This Feature Does
The GL reconciliation tolerance setting determines the maximum dollar amount difference that Blue Onion will accept when matching transactions between your payment processor records and general ledger entries. When transaction amounts are within your specified tolerance, they'll automatically reconcile. Transactions that exceed the tolerance will require manual review.
Default Setting: $0.02 (2 cents) Maximum Allowed: $1.00
Why Adjust Your Tolerance?
Small discrepancies between systems are common due to:
Foreign exchange rate differences between when transactions are recorded in different systems
Sales tax calculation variations based on rounding or timing
Standard rounding differences in multi-step calculations
For high-volume businesses, these small mismatches can create hundreds of items requiring manual reconciliation, even when the differences are immaterial to your financial reporting.
How to Configure Your Tolerance
Navigate to General Ledger in your Blue Onion dashboard
Click on Configuration
Select Reconciliation Tolerance
Enter your desired tolerance amount (between $0.01 and $1.00)
Save your changes
Your new tolerance will apply to all future GL reconciliation runs. This will require our pipeline to reprocess which will begin overnight after the change is made.
Choosing the Right Tolerance
Consider these factors when setting your tolerance:
Transaction volume: Higher volume businesses may benefit from a higher tolerance to reduce manual work
Average transaction size: Ensure your tolerance is immaterial relative to your typical transaction amounts
Reconciliation quality standards: Balance automation efficiency with your accuracy requirements
Common discrepancy patterns: Review your recent mismatches to understand typical variance amounts
We recommend starting conservatively and adjusting based on your reconciliation results over time.
Need Help?
If you're unsure what tolerance level is right for your business, contact your Customer Success Manager or chat with us in the app to discuss your specific reconciliation patterns and volume.