Which term is associated with bank reconciliation activities and cash deposit tracking in Epic?

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Bank reconciliation hinges on catching mismatches between cash receipts and postings. In Epic, the concept used for this tracking is Variance, specifically Variance associated with Outstanding Claims. When a deposit arrives but the corresponding payment hasn’t posted yet because the claim is still outstanding, a variance appears. This helps staff see differences between deposited cash and posted payments, enabling timely investigation and correction to keep the records in sync with the bank statement.

The other terms don’t map as directly to the reconciliation and deposit-tracking process. Cash Management is the broader function for managing cash flow, not the specific reconciliation signal. Cash Control Groups relate to security and workflow controls, not the variances between deposits and postings. Billed Amount (Posting Term) refers to the amount posted as billed, not to the reconciliation variance or outstanding payments.