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Description

Bank Rec™ simplifies the process of reconciling bank accounts, transforming it from a tedious task into a quick and even enjoyable experience. By allowing your team to avoid the labor-intensive 'ticking and tying', it enhances productivity while ensuring accuracy. Each matched record is assigned an 'audit trail number', facilitating easy research and reporting. Any unmatched records are automatically carried over to the next period until they find a match. You can generate a reconciliation report even if there are discrepancies, as we provide journal entry recommendations to correct imbalances. Our extensive bank reconciliation report library offers additional reporting options to suit your needs. This tool transforms what was once a solitary task into a documented and consistent procedure, providing backup for personnel and operational processes. It seamlessly integrates with any file format from your banking or accounting software, including Excel, CSV, and BAI. Users can apply our predefined matching rules or customize their own to suit their specific requirements. Exception reports will highlight mismatches, streamlining the research process and allowing teams to concentrate on high-priority discrepancies. Thus, Bank Rec™ not only enhances efficiency but also promotes a collaborative and transparent approach to financial reconciliation.

Description

HostBooks transforms your accounting experience with its cloud-based, automated accounting platform. HostBooks combines the best of accounting practices with cutting-edge technology to help you manage your business finances. HostBooks reduces compliance time, increases productivity, and lowers operational costs.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Microsoft 365
Microsoft Excel
Microsoft Outlook

Integrations

Microsoft 365
Microsoft Excel
Microsoft Outlook

Pricing Details

$199.95 per month
Free Trial
Free Version

Pricing Details

$9.99.00/month
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Treasury Software

Country

United States

Website

www.treasurysoftware.com/bank-reconciliation/bank-reconciliation.aspx

Vendor Details

Company Name

HostBooks, Inc.

Founded

2009

Country

United States

Website

www.hostbooks.com/us

Product Features

Product Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Auto Dealer Accounting

Buy-Here-Pay-Here
Collections Management
Expense Management
Financing Management
Inventory Management
Lease-Here-Pay-Here
Parts Management
Payroll Management
Recurring Billing
Sales Management
Sales Tax Management
Service Department

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

Financial Services

Analytics
Branch Optimization
Channel Management
Compliance Management
Customer Engagement
Performance Management
Risk Management

GST

GST Accounting
GST Billing & Invoicing
GST Compliance
GST Inventory Management
GST Reporting
GST Tax Credits
GST Tax Filing

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