Tally bookkeeping
Complete books kept in Tally, reviewed every month and ready for filing.
Bank reconciliation
Match your bank statement with your books and find what is missing on either side.
About Bank reconciliation
A bank reconciliation compares your bank statement with the bank ledger in your books. Differences arise from cheques not yet cleared, bank charges and interest not yet recorded, wrong entries, and duplicate or missing transactions. Reconciling regularly catches mistakes, fraud and missing receipts early.
We produce a statement that lists each transaction as matched, missing in the bank, or missing in your books, and we show the books entries needed to close the gap so the closing balance agrees with the bank.
Who needs it
- Businesses with several bank accounts
- Businesses preparing for year-end or audit
- Companies whose books have not been reconciled for months
Documents required
What we need
- Bank statements for the period (PDF, Excel or CSV)
- Bank ledger export from Tally for the same period
- Cheque register or details of pending cheques
- Details of loan, overdraft and finance accounts, if any
Exact requirements can vary with your case and the authority. We confirm the final list when you contact us, so you collect everything once.
How we do it
- Import and matchBank entries are matched with books entries by amount, date and reference.
- List the differencesUnmatched entries on both sides are listed with reasons.
- Pass entriesMissing items such as charges, interest and receipts are passed in Tally.
- Final statementYou get a reconciliation statement agreeing to the bank balance.
Time it takes
One account for one year can be reconciled in 2 to 4 working days.
Frequently asked questions
How often should I reconcile?
Monthly is best. At the least do it before every GST return and at the year end.
Related services
Financial statements
Balance sheet and profit and loss prepared in a standard format with notes and schedules.
Ledger confirmation and reconciliation
Match your party ledger with the vendor, dealer or financier statement and clear differences.