Transaction Matching
- Auto-matching & Manual-matching
- Matches transactions automatically while also providing the freedom to manually reconcile transactions, if required
- Advanced Matching Criteria
- Customisable matching criteria allows users to select multiple rules and tolerances to reconcile transactions
- Reference Translation
- Enables users to define which bank statement references equate to specified cash book references
- Roll-Up Groups of Transactions
- Handles complex reconciliations by rolling-up transactions with "many to many" matching
- Undo Reconciliations
- Capacity to unreconcile transactions to allow users to correct any mistakes quickly and easily
Exception Handling
- Directly Post Exceptions
- Can be customised to post entries directly back to the accounts package
- Create New Postings
- Handles currency rounding differences by creating new postings to the cash book
- Advanced Exception Tracking
- Allows users to monitor the progress of complex discrepancies towards resolution
Reporting
- Reconciliation Reports
- Produces summary and fully-itemised reporting, providing an accurate and up-to-date view of cash positions
- Bank Statement History
- Maintains complete bank statement history for each account
- Historical Reporting
- Produces historical transaction reports up to a user-specified date
- User-Defined Reporting
- Can support user-generated reports
Integration
- Customisable Bank Statement Formats
- Bank statements can be imported in multiple formats, configured for all the major banks
- Multiple Bank accounts
- Capacity to handle any number of bank accounts
- Accounts Software Plug-in
- Can be customised to operate with all the main accounting packages
- Currency Neutral
- Handles transactions in multiple different currencies
- Integrated Security
- Permits only designated employees to access specified accounts