Finance guide
Ticketmaster reconciliation for finance teams
Reconciliation is not just proving two totals are equal. Finance needs to know what was included, how it was accounted for, what did not match, and whether the source period is complete.
Why the spreadsheet grows
Ticketing exports contain operational detail. ERP records contain accounting entries. The finance team builds the bridge: event mappings, price codes, refunds, fees, taxes, deferred revenue, journal references, and explanations for what does not agree.
A defensible reconciliation needs layers
- Source: the Ticketmaster/Archtics activity actually received.
- Normalization: a consistent financial representation of the source activity.
- Accounting: the rule and GL treatment applied to each financial component.
- ERP evidence: the accounting counterpart used to prove the records reached the books.
- Exceptions: differences that require finance judgment rather than silent netting.
- Completeness: evidence that the required report inventory and reporting window were actually received.
The control mistake to avoid
A 100% match only proves that the compared data agrees. It does not prove that all expected activity was supplied.
What WREKONN changes
WREKONN puts the bridge into a repeatable application workflow: import, normalize, reconcile, surface exceptions, resolve, approve accounting, close, and retain the evidence behind the result.