Connected records
Bring parking activity, transactions and adjustments together to support the finance team’s work.
For finance teams & portfolio owners
Parking accounting
& reconciliation.
Connect parking activity with payment records and financial reporting. ParkTech’s parking management software brings site operations and finance together through reporting, reconciliation and accounting integrations.
From the site to finance
- 01Parking activitySessions, permits & validation
- 02Payment recordsTransactions, adjustments & settlement
- 03Accounting outputExports & portfolio reports
Understand the relationship
What is parking revenue reconciliation?
Parking revenue reconciliation compares the relevant activity, transaction and settlement records to understand whether they agree, and to identify differences that need explaining.
A parking session describes a visit. A transaction records a payment or adjustment. A settlement can group several transactions and may reflect fees or timing differences. Keeping these distinctions clear makes the financial review more useful.
Questions for a reconciliation review
Make differences explainable.
A difference between two totals is a reason to investigate the underlying records. These are common relationships to check.
| What you see | What might explain it | Useful records |
|---|---|---|
| Payments and deposits fall in different periods | A provider’s settlement schedule differs from the parking or transaction date. | Transaction dates, settlement dates and batch references. |
| A deposit is lower than the transaction total | Provider fees, refunds or other agreed adjustments may be included. | The provider’s settlement breakdown and adjustment records. |
| One deposit relates to several properties | Transactions from multiple locations may have been grouped into one settlement. | Site identifiers, merchant references and the batch contents. |
Parking accounting software
Connect parking
with finance.
ParkTech’s accounting and reconciliation offering brings parking-related financial data together for reporting and integration with accounting workflows.
Clearer reporting
Connect financial information across parking locations for a clearer view of the portfolio.
Accounting integration
Use parking data in your accounting workflows through exports and system integrations.
Across the portfolio
Keep the site detail
behind the total.
A portfolio-wide report is more useful when the team can understand which properties, periods and payment channels contribute to it.
Shared reporting brings local operations, finance and asset owners a common view of parking activity and revenue. It connects parking payment workflows with the broader enterprise parking management approach.
Questions, answered
Questions from finance teams.
Does parking accounting software replace our accounting system?
ParkTech connects parking-related records with your reporting and accounting workflows. Your accounting system and finance team continue to own the broader accounts and accounting policies.
Can we integrate with our ERP or accounting platform?
ParkTech offers accounting exports and system integrations to bring parking data into your existing finance workflows.
Does reconciliation automatically mean every difference is an error?
No. Settlement timing, grouping, fees and adjustments can create explainable differences. The purpose is to make those relationships clear and identify the items that need further investigation.
Can this support reporting across multiple sites?
Yes. ParkTech supports portfolio reporting, bringing parking activity and financial information from connected sites into a common view.
See parking and finance in the same picture.
Explore ParkTech’s reporting and reconciliation capabilities in a platform demo.