Bank Reconciliation
Connects to bank accounts via Plaid for real-time transaction import. Incoming bank transactions are matched to GL journal entries — automatically via configurable rules or manually by staff. Outstanding checks and deposits are tracked until matched. Reconciliation differences are analyzed and reported. Each reconciliation creates a GL journal entry linking the bank transaction to the appropriate accounts. CSV export is available for all transactions.
Key Capabilities
- Real-time bank account connectivity via Plaid integration
- Automated transaction-to-GL matching with configurable rules
- Outstanding check and deposit tracking until reconciled
- Reconciliation difference analysis and reporting
- Reconciliation journal entry creation linking bank to GL
- CSV export and multi-bank account support
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See Bank Reconciliation in action
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