Ramp

## How does Ramp support reconciliation of transactions and statement payments?

Monthly reconciliation with Ramp occurs at the bank account level, where at the end of each billing cycle, Ramp pulls statement payments from the linked bank account and syncs both the statement payment and all individual card transactions into the ERP system for reconciliation. Users reconcile by matching the amount paid to Ramp from their bank account to the total dollar transaction amount synced from Ramp. Ramp's reconciliation tool includes all transactions made with or intended to be made with the Ramp Credit Card or Ramp Statement; however, payments made through ACH outside of Ramp cards are not included in the reconciliation tool. For locally-funded reimbursements, Ramp advises customers to manually create a journal entry in their ERP at month-end to represent the consolidated reimbursement statement payment and use that entry to close out all synced open reimbursement bills for proper reconciliation.