Bank reconciliation
Bank reconciliation that matches the statement for you
Upload the statement your bank gives you - PDF, Excel, CSV or MT940. f-ai reads every line, suggests the invoice, bill or payment it belongs to, and you confirm. Anything that doesn't match stays in view until it's dealt with.
No card · your own company
- Essential includes it
- Growth includes it
- Scale includes it
How it works
Three steps, each on its own screen in f-ai.
- 01
Upload the statement
Any bank, any of 16 file types. f-ai reads the lines - dates, amounts, references - and checks the closing balance.
- 02
Confirm the matches
Each line comes with the invoice, bill or payment it most likely belongs to, best first. Repeat lines follow your rules.
- 03
Close the month
The bank reconciliation statement shows what's left and who matched what - ready for your CA.
What it does
Suggested matches
Ranked by amount, date and reference, with part payments taken into account.
Rules for lines that repeat
Rent, salaries and bank fees post the same way every month once you set the rule.
Small differences
A bank charge of a few rupees within your limit clears with its own entry.
Bank reconciliation statement
The book balance, the bank balance and every item between them, for any date.
Reconciliation health
Which accounts are behind and by how many days, at a glance.
Cash and cheques too
The cash book, cash counts and cheques in hand sit beside the bank.
Questions
Is there free bank reconciliation software?
f-ai has no free plan. Bank reconciliation is in every plan, and you can try it on your own company free for 14 days, without a card.
Which banks does it work with?
Any bank. You upload the statement it gives you; f-ai doesn't connect to your bank account.
Does it read UPI and NEFT lines?
Yes - UPI, NEFT, IMPS, cheque and card lines are read like any other, and their references help the match.
Can your CA see the reconciliation?
Yes. Invite your CA; they see the matches, the statement and who confirmed each line.
Goes with
See it on your own books
14 days free on your own company, no card. Or open a demo company first.