Save time, and increase accuracy with our bank reconciliation software. Connect your bank to sync with Sage Accounting to automatically capture, categorize, and reconcile your transactions.
Matches transactions automatically
Sage Accounting includes software tools for bank reconciliation that allow you to create and split bank transactions, effortlessly. Save time on admin so you can focus on your business goals.
Memorizes your bank reconciliation techniques
The software intelligently learns from your categorizations to automatically populate and route transactions accordingly in Sage Accounting. You can also manually create and set bank rules to apply automatically.
Saves you time
Eliminating manual entry of bank transactions and reconciliations with online bank reconciliation software saves you a lot of time better spent elsewhere. Spend time growing your business, and not on admin.
Bank reconciliation is the process of matching cash accounts to bank statements in order to detect any discrepancies that could lead to inaccurate financial reporting and/or tax and compliance filing. This also helps to ensure that you have transparency of your financials and a safeguard against any fraud that could be taking place in your accounts.
You can prepare a bank reconciliation by comparing your cash account records from your business to your bank statements. If the the ending balance in your company's cash account is equal to the ending balance on your monthly bank statement, the accounts can be considered "reconciled.
Bank account reconciliation is super important in ensuring your financials are accurate so you can be confident that the numbers you report to the IRS are correct, and so that you can detect any discrepancies that may point to fraudulent activity in your accounts.
Get Sage Advice on automated bank reconciliation
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