QX Bank Reconciliation System is a web-based tool that allows reconciliation between Bank Book from any ERP system and bank statements from any bank. The system compares data from general ledger files with bank statement reports and auto-matches it, while supporting adjustments for hidden transactions such as bank charge or bank fees.
Schedule, assign and track tasks related to bank reconciliation to relevant staff members.
Easily configure multiple accounts from the same bank or from different banks. Add newly set up accounts to the system.
Dealing with a wide range of currency types? The system can work easily with any currency, including Euro, USD, GBP, OMR, CHF, etc.
Import thousands of records from bank statements and bank books and reconcile them automatically.
Easily input adjustment entries to payments that do not match the invoice.
Separate entries based on whether they were auto matched, matched manually or adjusted.