Banking
Reconciling your bank statement with your books, step by step
A monthly routine for Indian business owners — import the statement, confirm matches, record charges and interest, and get the difference to zero.
Falcon team, Godengine7 min read
Banking
Reconciliation you can explain line by line
Most reconciliation tools tell you a number agrees. This one tells you why, and what is left over. Every statement line is matched to an entry you confirmed, turned into an entry you approved, or still sitting in the list where you can see it.
What is in it
What banking and reconciliation covers
Statements in, from the files banks give you
CSV, Excel (.xlsx), a PDF with a text layer, OFX and MT940. Import is idempotent on a content hash, so the same file loaded twice does not produce a second set of transactions, and a statement with a running balance is checked against itself before anyone relies on it.
Matches that show their working
Each line is scored against the entries already in your books — amount, reference, date, counterparty and history, out of 100 — and the score opens to show every signal. A receipt is never matched to a payment. Nothing is matched until a person confirms it.
Rules for the lines that come back
Match on narration words or a pattern, direction and an amount range, and the rule suggests the ledger and party. Rules are tried in priority order and the first that fits wins. A rule suggests; a person still saves or posts the entry.
Reconciliation that balances
Balance per the books, balance per the statement, what is in the books but not yet at the bank, what is at the bank but not yet in the books, and the difference — arranged so the arithmetic is visible. A reconciliation screen that shows only the difference is asking you to trust it.
Checkable
What backs each claim
Where in the product, or in the repository, you can go and see it for yourself.
- Duplicate statement imports rejected by content hash
- Money → Bank statements
- Every candidate shows its score, signal by signal
- Money → Bank statements
What it deliberately does not do
- There is no bank feed. Nothing here connects to a bank’s systems and no bank credential is ever stored — statements are files you export and import.
- A scanned or photographed statement cannot be read on the banking screen, and neither can an old-style .xls file.
Guides
Step by step: banking and reconciliation
Try banking and reconciliation against real books.
Create an account and try it with made-up figures first. Free while in preview, with no card.