Major Accounting Developments of 2024
2024 has been an impactful year for the accounting...
Auto Bank Rec (beta)
FINALLY, MISMATCHED BALANCES WON'T DRIVE YOU INTO OVERTIME
Automate the reconciliation process, saving time, effort, and a whole lot of unattractive vocabulary.
CLOSING WAS SO CLOSE.
Was it naiveté? You thought you were just about done. Now you have to compare statements line-by-line. Or do you?
Auto Bank Rec extracts transactions from statements and compares them to what’s in your clients' Smart Connect/General Ledger. Any outliers that don’t match between the two are surfaced for you to review and finalize. Once finalized, Auto Bank Rec generates a Reconciliation Report. Neat and tidy.
Simple side-by-side comparisons.
Discrepancies between the GL and statement or GL and Smart Connect are surfaced and assigned a status—transactions with no match, transactions with a possible match, and transactions with a confident match. See them side-by-side, confirm or make adjustments, and you're done. No grueling searches or complex workflows. Just easy reconciliation.
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