Automated bank reconciliation for every account, every month
Bank reconciliation automation does not need a live bank feed. BankReconciler automates the part that eats the hours, the matching, and works from the files you already have.
Matching rules
3 saved
- Monthly service chargeBank fees
- Processor payoutGrouped sales receipts
- Transfer to savingsTransfers between accounts
46
Matched
5
By rules
2
To review
What bank reconciliation automation covers
- Reading statements in any format, including PDF
- Pairing exact, delayed, split and batched transactions
- Flagging duplicates and near matches
- Applying your saved rules to recurring fees, payouts and transfers
- Drafting adjusting entries and exporting them as CSV
- Carrying outstanding checks and deposits in transit into next month
- Building the report and recording who prepared it
What stays with you
Judgment stays with the person who signs off. You confirm proposed matches from description similarity, decide what an unexplained item is and approve the adjusting entries before they go into your books.
Rules that learn your accounts
Recurring descriptions
Map a description to a category once, for example the monthly maintenance charge to bank fees, and every future month follows it.
Grouped payouts
Tell BankReconciler that a processor payout covers a set of sales receipts, and it groups them automatically by amount and date.
Transfers between your accounts
Mark transfers between your own checking, savings and card accounts so they match on both statements.
A monthly routine that takes minutes
- The statement arrives at the start of the month.
- You upload it with the ledger export for each account.
- Rules and the six passes clear most of the lines.
- You review the short list that remains and approve the entries.
- The period status board turns the account to reconciled, and the report is filed.
Automated bank reconciliation software without a bank connection
Bank feeds break, miss accounts at smaller banks and need logins that many owners do not want to share. File based automation works with every bank, every card issuer and every ledger, and nobody needs to hand over credentials. See the process of bank reconciliation for the details of each pass.
Reconciling processor payouts against invoices
If your main task is matching card processor and marketplace payouts against invoices across many systems, Reconciles is built for that wider finance workflow. BankReconciler focuses on the bank and card statement against your books.
Automate your next bank reconciliation
Upload this month's statement and ledger and see how much is left for you to review.