Manual processes are not effective for bank reconciliation involving a high volume for a number of different banks and accounts. The Bank Reconciliation System imports the data and automates matching process to streamline reconciliation.
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.
Faster, smarter and compliant reconciliations
Reduce errors through automatic reconciliation of entries on scheduled days at scheduled times
Save time and effort by automatically matching large volume entries between any bank statement and GL
Manage multiple bank and currencies – the system supports an unlimited number of bank accounts and currency types