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Bank reconciliation software that saves you hours

Always be on top of your money with better visibility of finances, greater accuracy, and big time savings. Explore bank reconciliation software from Sage.

How bank reconciliation works

Bank reconciliation is the process of comparing your business financial records with transactions on business bank statements to make sure they match. It helps you :

Save time

One automated process saves you hours. Snap receipts and invoices and upload them to Sage Accounting in a click. Then your data is matched to bank transactions automatically.

Control your cash

Easily and securely view potential transactions in one place, choose which ones to match, and apply rules so that you have complete confidence in your finances.

Improve accuracy

With a simple, automated process that cuts out the admin, it’s easy to reduce the chance of human error, view bank charges, and spot fraudulent activity.

Get the data you need, faster

Set up simple filters and search for transactions using invoice numbers, amounts, and contact references. View all potential transactions in one clear list so they’re easy to match with your financial records.

Match transactions automatically

Save time on admin with bank rules. Set up rules for incoming and outgoing bank transactions to prepopulate details and save time. Create and split bank transactions and quickly see where a bank statement line matches a rule.

Create rule transactions in bulk

Create transactions in bulk at the click of a button to save valuable time.

Import files directly

Now you can import files directly or easily push your files from AutoEntry into a bank feed to save even more time.

Software that learns with you

Sage Accounting intelligently learns from your category selections and automatically populates and routes transactions in Sage Accounting.

Plans to support you and your business

Try Sage free for 1 month

Try Sage and get full access to your product for 1 month. Cancel or upgrade at any time. No long-term contracts, commitments or hidden fees.

Accounting

Start

Try Sage free for 1 month
£12
£0.00 +VAT/mo*
You save £12.00
  • Create and send sales invoices
  • Track what you're owed
  • Automatic bank reconciliation
  • Calculate and submit VAT
  • Be Making Tax Digital Ready for VAT
  • Supports one user
Most popular
Accounting

Standard

Try Sage free for 1 month
£26
£0.00 +VAT/mo
You save £26.00
  • Create and send sales invoices
  • Track what you're owed
  • Automatic bank reconciliation
  • Calculate and submit VAT
  • Be Making Tax Digital Ready for VAT
  • Supports unlimited users
  • Manage and submit CIS
  • Run advanced reports
  • Send quotes and estimates
  • Forecast cash flow
  • Manage purchase invoices
  • Snap receipts with AutoEntry, 2 months free(2)
    Accounting

    Plus

    Try Sage free for 1 month
    £33
    £0.00 +VAT/mo
    You save £33.00
    • Create and send sales invoices
    • Track what you're owed
    • Automatic bank reconciliation
    • Calculate and submit VAT
    • Be Making Tax Digital Ready for VAT
    • Supports unlimited users
    • Manage and submit CIS
    • Run advanced reports
    • Send quotes and estimates
    • Forecast cash flow
    • Manage purchase invoices
    • Snap receipts with AutoEntry, 2 months free(2)
    • Multi-currency banking and invoicing
    • Manage inventory

    *Get 1 month free, then £12/£26/£33 + VAT/mo (tier depending). Terms and conditions apply.
    (1) Starting at 5 employees from £0.00 (offer price) per month + VAT with the option to add employee tiers for up to 100 employees. RRP from £7 + VAT per month (after offer).
    (2) Snap and upload data from unlimited receipts, invoices and supplier statements with AutoEntry, free for your first 2 months. Subject to fair usage policy. Standard and Plus tiers only.

                                                             FAQs

    There can be times when your financial records might not be the same as the transactions appearing on the bank statement for your business. Bank reconciliation simply means that you’re comparing these records and identifying the differences between the two. It helps to keep finances accurate and reduce human error.

    You can match cash accounts to bank statements through bank reconciliation software. This helps to keep you to stay compliant and keep your financials accurate. With Sage bank reconciliation accounting software, you can save time too. Automatically connect your bank to Sage Accounting to use a direct bank feed, or import bank statements. And get a complete view of your finances, any time.

    You can use bank reconciliation software to:

    • Make sure your financials are accurate
    • Save time by automatically uploading bank statement data
    • Have confidence that the numbers you report to IRS are correct
    • Easily spot fraudulent activities on your accounts
    • Take control of cash by setting up time-saving rules

    Yes. You can use bank reconciliation free through Sage Accounting.

    Yes. The best way to complete your bank reconciliation quickly and minimise errors is to use software that automates the process, like Sage Accounting.

    By connecting your bank accounts, bank transactions will automatically populate in Sage Accounting. Then you can set up rules to automatically match these transactions.

    You can prepare a bank reconciliation by comparing your cash account records from your business to your bank statements. If the ending balance in your company's cash account is equal to the ending balance on your monthly bank statement, the accounts are reconciled.

    "With my bank connected to Sage Accounting I am in control of business performance, and I know where to focus my attention."

    Roisin Culligan
    Brew Box Coffee

    More Sage Accounting features and benefits

    Bank reconciliation isn’t the only time-saving feature in Sage Accounting. Discover more today.

    Take on small business banking

    Read our handy guide to discover how bank feeds can make life easier, get advice on choosing a bank, and learn how Sage Accounting can help you and your small business.

    Get Sage Advice on better banking

    It's time to boss bank reconciliation. Read our handy reports, articles, and blogs to get started.

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