How to Reconcile an Event Using Pholeo: In 4 Steps

Jun 13

In a recent video, we explored how to effectively reconcile an event using Pholeo following the successful launch party. Here’s a detailed walkthrough of the process:

1. Review Resources and Documents

Start by examining all resources and documents related to the event. Ensure that every detail is accounted for and correctly documented.

2. Check Budget Status

Navigate to your itemized budget to verify the status of all items. Identify any discrepancies or pending payments, such as an outstanding photography fee. This step is crucial for maintaining financial accuracy.

3. Identify Pending Payments

Locate any payments that are still in progress. For example, an attached invoice might indicate a service fee that hasn't been completed. Ensuring all invoices are paid is essential for closing out the event budget.

4. Utilize Pholeo’s Dashboard

Pholeo’s comprehensive dashboard provides an overview of the event’s financials and logistics. Use this tool to confirm that all expenses are accounted for and that the event is fully reconciled.

Key Features Highlighted:

Resource and Document Management: Keep all essential documents organized and accessible.
Budget Itemization and Status Tracking: Track every expense in real-time.
Invoice Management: Ensure all invoices are paid and recorded.
Real-Time Updates and Dashboard Overview: Maintain a clear view of the event's status with up-to-the-minute information.

Using Pholeo for post-event reconciliation ensures all budgeting needs are met, and all real-time updates are captured for future reference. This simplifies the event planning and closing process, providing a single source of truth for all your event logistics.

Conclusion

Pholeo streamlines the reconciliation process by integrating resource management, budget tracking, and real-time updates into one platform. This ensures that every detail is managed efficiently, reducing the risk of oversight and enhancing overall event management.

Questions?

We are always here to help you create the best event possible!

You make it look so easy, help!

How-To

Gregory Perrine

Avid troubleshooter and eternal student, Greg was inspired by his grandmother's experience with technology and launched eGuide Tech Allies. With over a decade in sales experience, Greg honed his business skills in the world of high-end off premise catering, learning the ins and outs of operating a small business. Greg brings his passion for helping others and enriching the lives of those around him to the core of this business.

http://www.eguidetechallies.com