Automated reconciliation in Reconciles runs in four steps. It parses your bank statement and second file, normalizes dates, signs and currencies, matches transactions with rules and AI suggestions, and sends whatever does not match to an exceptions queue. Every match has a reason and a confidence score, and nothing reaches your ledger without review.
Your files are processed in your browser and never stored. No card needed.
Every run starts with two files. The first is a bank statement in CSV, XLSX, OFX, QFX, MT940 or CAMT.053, or a PDF statement once you have an account. The second is whatever you reconcile it against: open invoices or bills, a ledger export from QuickBooks Online, Xero, NetSuite or Sage, or a payout report from Stripe, PayPal, Adyen, Shopify Payments or Amazon.
Under Options you set the date tolerance (same day, 3 days or 7 days) and the amount tolerance (exact or within 1%). Then you press Reconcile now.
Reconciles reads both files and finds the columns that matter: date, amount or separate debit and credit columns, payee or counterparty, reference, currency and, in payout files, the batch or payout id. Column names differ from bank to bank and system to system, so detection works on the content, not only on the header. The progress screen shows how many lines were read from each file. If a file has no date or amount column, you see a clear message instead of a wrong result.
Different systems write the same transaction differently. One shows a debit of 1,240.00, the other a payment of -1240. One uses day first dates, the other month first. Payee names carry card numbers, city names and extra spaces. Reconciles brings dates, signs, currencies, payee names and references to one format, so the matching step compares like with like.
Matching runs in layers, from the most certain to the least.
Every match records why it was made, for example "amount and reference", "payout batch net of fees" or "partial payment", together with a confidence score.
Whatever does not match goes to the exceptions queue, sorted by type: unmatched, partial, duplicate, amount difference and date difference. Each item says why it was not matched and by how much it differs. On Growth you can assign exceptions and comment on them, and on Scale you add approvals and a full audit log. Duplicates and missing transactions are detected on both sides, so a payment entered twice in the ledger is caught as surely as a deposit missing from the bank.
When you resolve an exception, you can save the decision as a rule. Rules run before AI suggestions every month, so recurring items match on their own and do not use your suggestion limit. Starter includes 20 rules, Growth and Scale have no rule limit.
You export the reconciliation report in XLSX or PDF, the matched pairs, and journal entries as CSV for QuickBooks, Xero and NetSuite. Nothing is posted to your ledger until someone on your team has reviewed it. See the integrations page for the step by step guide for each system.
When you run the demo on the home page, your files go through the same four steps and you land on the real result screen. A summary bar shows the match rate, the matched count, exceptions by type and the unexplained difference. The first 10 matched pairs are fully visible with their match reasons. The rest of the matched rows and the exception details are locked until you create an account.
You can still click through filters, the Matched, Exceptions and Duplicates tabs and row details. Opening a locked row, exporting, resolving an exception or adding a rule opens a short signup. After you confirm your email, more rows unlock and your account gets one more sample run of up to 500 lines. Demo files are processed in your browser and never stored.
Most demo runs finish in under a minute. Larger files on paid plans take longer, and the progress screen shows each step as it happens.
You can unmatch any pair and send it to the exceptions queue. Save the correction as a rule and the same case is handled your way next month.
No. AI only suggests pairs that rules and exact matching could not settle, with a reason and a confidence score. People on your team review and approve every entry.
Upload a bank statement and a second file. You see the progress and the first matched pairs before you create an account.
Your account is saved and you are logged in. Your result now shows one more page of matched rows. You also get one more sample run of up to 500 lines.
To reconcile full months, open your workspace with a plan.
Choose a planStarter plan selected
Your account is saved and you are logged in. Pay by card on the next page and your workspace opens right away.
$74 per month, billed $888 yearly
$149 per month, billed monthly
Growth plan selected Scale plan selected
Your account is saved with this plan and you are logged in.
Full workspaces open in batches. We will email you the next steps for your plan as soon as yours is ready.
Your account is saved and you are logged in. You can now run one sample reconciliation of up to 500 lines.
To reconcile full months, open your workspace with a plan.
Reconcile now Choose a planEvery plan includes the matching engine, the exceptions queue and exports. Pay yearly and save 50%.
Starter
$74 per month, billed $888 yearly
$149 per month, billed monthly
Growth
$199 per month, billed $2,388 yearly
$399 per month, billed monthly
Scale
$499 per month, billed $5,988 yearly
$999 per month, billed monthly
Cancel any time. Your plan stays active until the end of the paid period.