Accounts Payable | Financial Management
Bank Reconciliation
Statements pull daily where a direct feed is available, and by scheduled upload otherwise. Payments and receipts auto-match against bank lines on amount, reference and date. Bank charges and forex differences auto-categorised. The pending items dashboard surfaces the gap.
What it does
Inside Bank Reconciliation.
Connect a bank feed for one bank, free. Tomorrow morning, the auto-match screen shows what cleared, what is pending and what needs your call.
01
Daily statement pull
02
Match engine
03
Charge categorisation
04
Cheque clearing tracker
05
Multi-bank, multi-entity
Where it sits
Part of Accounts Payable.
Invoice Capture Invoices read, coded and validated on arrival, from any channel. Three-Way Matching Invoice, order and receipt reconciled automatically, with tolerances you set. Approval Workflows Authority limits and delegation enforced on the invoice itself. Payment Runs Proposals built from due dates, discounts and available cash. Vendor Reconciliation Vendor statements matched to your ledger, with the gap explained. Duplicate and Fraud Controls Checks that run inside the flow, not as a quarterly review. Goods Received Not Invoiced The liability between the loading bay and the post room, accrued and visible. Prepayments Money paid before the invoice, tracked until it is fully drawn down. Retention A percentage held back per contract, released when the defect period runs out. Vendor Rebates Volume rebates earned as you buy, claimed and tracked until the credit lands. Self-Billing Invoices you raise on the vendor behalf, from what was actually received. Vendor Credits and Debit Notes Credits owed back and claims raised, both applied against what you owe. Recurring Bills Rent, power and retainers raised on schedule rather than remembered. Payment Scheduling Schedule batches by due date. MSME 43B(h) rule enforced. Take early-pay discounts. Bank rails for direct payment. Dynamic Discounting Sliding-scale early-pay discounts by days-to-pay. Vendor opt-in. Cash cost calculated per offer. Expense Claim to AP Bridge Approved employee expense claims post as bills with the right vendor, GL and TDS classification. Reverse Charge Bills Imported services flagged at bill capture, with the reverse charge computed and posted both ways so the output tax and the input tax claim land on the same return.
Run Bank Reconciliation against your books.
A working session on your structure and a month of your documents.