Why reconcile your invoice?

A pallet account is a lot like a bank account except anyone, even from other companies, can raise transactions so, reconciliation is a must. 

Check all the transfers onto your account and make sure you have received all the pallets being added to your hire account.

Sometimes you agree that you have received pallets but you may disagree with the date, quantity, or equipment type. 

If this is the case, you can advise CHEP or Loscam to correct the detail. Other times you may need to reject the transfer completely. 

Check also that all the transfers you raised off your account have been processed on the hire company invoice and that they have not been corrected or rejected by your trading partner.

Lastly, confirm that any pallets collected from the hire company or returned to the hire company have processed on the invoice.

So, how do you do all this?

Well, it all starts with excellent record keeping.
Preferably you will use software that not only records transactions but has invoice reconciliation features. 
Now that your invoice is reconciled, count your pallets and you can understand your pallet position.