Track your cash flow with efficient Bank Reconciliation

Bank reconciliation is one of the most important process for book keeping and managing your business. Reconciliations detect and prevent intentional fraud, as well as errors made by cashiers, accountants, employees and management.

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Bank reconciliation ensures that all your transactions have been counted and that your accounts are correct and up-to-date. Without that, it would be difficult to really know if your accounts were accurate. This can have a negative impact on important management reports such as your profits and losses

By reconciling your bank regularly, you will find it easier to identify anomalies, such as unauthorized transactions. It's easy to understand why most businesses will make sure to reconcile their bank accounts on a regular basis. Zeldesk’s Bank Reconciliation module is a fully integrated smart feature for automatically reconciling bank accounts and other accounts on which you have the ability to reconcile electronic data. Save up to 95% of your reconciliation time. You start by importing the bank statement you receive from your online bank for a month or more in the form of a csv excel file. Select the month you want to reconcile, select the automatic reconciliation option.

Reconcile your bank made easy

There is no limit to the number of transactions that can be reconciled in one go. However, to make things easier for you, we recommend using the bank statement import feature in Zeldesk for large numbers of transactions. The number of transactions that can be reconciled at one time is unlimited. However, for your convenience, we recommend to use the account statement import feature for large number of transactions. Our unique interface allows you to clear bank transactions and facilitate quick reconciliations with minimal data entry. Audit trail features allow you to track changes throughout the reconciliation process to keep accurate, up-to-date information.

  • Speeds up the bank reconciliation process
  • Import a bank statement to match transactions
  • Create missing transactions from your statement
  • Reduces the risk of human error
  • Makes it easier to reconcile foreign currency transactions

Zeldesk has got you covered !
All the features you need for a fast bank reconcilation

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Multiple bank accounts

What happens if you want to reconcile multiple bank accounts? No problem: With Zeldesk, you can set up as many bank accounts and reconcile them as required

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The bank statement import feature

This will not only saves your time but it also reduces the human error caused by manual entry and makes your bank reconciliation process efficiently.

Reconciliation reports

Generate bank reconciliation reports for each financial accounts anytime. Types of transactions (check or deposit) are available and can be drilled down for easy identification of unmatched transactions. Reports can also be exported and available as Excel, CSV or PDF.

Supports multiple bank accounts

What happens if you want to reconcile multiple bank accounts? No problem: With Zeldesk, you can set up as many bank accounts and reconcile them as required

Easily identify discrepancies

Variances occur. Several reports, such as the reconciliation discrepancy report, the missing verification report, and the detailed transaction report, can help you quickly identify discrepancies.

Work with your accountant

Give your accountant direct access to your books so that your accountant can find the reports and information they need as and when questions arise. Create a separate login for your accountant so that they can work more easily with you.

  • Enhanced visibility of entire banking transaction breakdown
  • Easily attach supporting documents to bank reconciliations
  • Easily attach supporting documents to bank reconciliations

Bank Reconciliation Reports

Drill down on Unreconciled Transactions

Run bank reconciliation reports for each financial account. Drill down and find unmatched transactions and see unreconciled transactions by type – check or deposit. Export bank transaction reports for Excel, as CSV or PDF.

Frequently Asked Questions

  • Speeds up the bank reconciliation process
  • Import a bank statement to match transactions
  • Create missing transactions from your statement
  • Makes it easier to reconcile foreign currency transactions

By reconciling your bank regularly, you will find it easier to identify anomalies, such as unauthorized transactions

You start by importing the bank statement you receive from your online bank for a month or more in the form of a csv excel file. Select the month you want to reconcile, select the automatic reconciliation option.

If you maintain more than one checking account you need to create these bank accounts in chart of accounts, in the reconciliation screen you can select these different accounts for doing reconciliation.

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Simple pricing
Just 7 GBP per month per active employee.

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