A float tie-out checklist before you invite auditors

Inviting an independent desk to examine wallet float goes smoother when the evidence pack already answers basic questions. Use this list the week before kickoff.

1. Liability extract — Customer balances by product and currency at period end, with a control total.
2. Float bank statements — Every account designated as customer funds, including sub-accounts.
3. Partner hold reports — Amounts held by processors or corridor banks that are not yet in your float account.
4. In-transit schedule — Items you already know are timing differences, with expected clear dates.
5. Suspense ageing — Anything parked while operations investigates, aged in 7/14/30 day buckets.
6. Campaign log — Credits and reversals for the period, linked to approved rate sheets.
7. Prior reconciling items — Last month’s unresolved list, so auditors do not rediscover closed issues.

If any of the seven is missing, say so in the scoping call. Auditors can plan around a gap; they cannot invent a statement that never arrived.