ACCOUNTING MODULE

🏦 Bank Reconciliation

Keep your books perfectly aligned with your bank — automatically.

The APS Bank Reconciliation module gives you a structured, step-by-step workflow to verify that every transaction in your accounting records matches your actual bank activity. No more manual spreadsheet comparisons or end-of-month surprises.

How It Works

1

Create a Statement

Select your bank account, set the reconciliation period, and enter the opening and closing balances from your bank.

2

Import Your Transactions

Bring in bank data your way: type it manually, upload a CSV file, or sync automatically from Tap Payments.

3

Match & Reconcile

Review each bank line and link it to the matching journal entry in your books. The system suggests matches for you automatically.

4

Finalize & Lock

Once everything is matched, finalize the reconciliation. The statement is locked and timestamped for a clean audit trail.

Key Features

Three Ways to Import Bank Data

Manual Entry

Enter transactions one by one with date, description, and amount.

CSV Upload

Paste or upload a CSV file from your bank. A built-in preview validates your data before it's imported.

Tap Payments Sync

If you use Tap Payments, settlement data is pulled in automatically with a single click.

Smart Auto-Matching

The system scans your General Ledger and suggests matching journal entries for each bank line — even allowing for minor rounding differences of up to 1%. Less manual work, fewer errors.

GL Scan 1% rounding tolerance Suggested matches

Create Missing Entries On the Spot

Found a bank fee or interest charge that hasn't been recorded yet? Create a journal entry directly from the reconciliation screen without leaving the page. APS pre-fills the bank account side and asks only for the offsetting account.

In-place journal entry Auto-fills bank side

Ignore Lines When Needed

Not every bank line needs a matching journal entry. Mark any line as "Ignored" to keep your reconciliation clean without blocking the finalization.

Internal transfers Already recorded elsewhere

Status Tracking & Validation

  • Statements are tracked as Draft or Reconciled
  • The system blocks finalization if any unmatched lines remain — so nothing slips through
  • Reconciled statements are protected from accidental deletion
⚪ Unmatched ✅ Matched or 🚫 Ignored 🔒 Reconciled & Locked

Who It's For

Any business that operates a bank account — whether you're reconciling a current account, a payment gateway settlement account, or a petty cash account. Bank Reconciliation is included as part of the APS Accounting module.

🏢
Current Account
Main operating bank account
💳
Payment Gateway
Tap Payments settlement account
💵
Petty Cash
Cash account reconciliation

Ready to Reconcile Your First Statement?

Bank Reconciliation is included in all APS editions at no extra charge.