Bank reconciliation
Match your bank statement with your books and find what is missing on either side.
Ledger confirmation and reconciliation
Match your party ledger with the vendor, dealer or financier statement and clear differences.
About Ledger confirmation and reconciliation
Your books and the other party's books rarely agree to the rupee. Differences come from timing, missing invoices, credit notes, discounts, returns and payments booked to the wrong party. A ledger confirmation compares your ledger for a party with the party's own statement for the same period and lists every difference with a reason.
It is useful for year-end balance confirmations, for dealers and distributors who deal with manufacturers, and for loan and finance accounts where interest and charges must agree.
Who needs it
- Dealers and distributors reconciling with manufacturers
- Businesses reconciling with large suppliers or customers
- Borrowers checking finance company statements
Documents required
What we need
- Your ledger for the party (Tally export or PDF)
- The party's statement of account for the same period
- Invoices, credit notes and payment proofs for open differences
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
- MatchWe match entries by invoice number, date and amount.
- Explain differencesWe list each unmatched entry and the probable reason.
- ResolveWe suggest the entries to be passed and the points to raise with the other party.
- ConfirmYou get a matched sheet with a summary of the match rate and agreed balance.
Time it takes
Usually 2 to 5 working days per party, depending on volume.
Frequently asked questions
Can you reconcile several accounts at once?
Yes. For example, a dealer with separate ledgers by product or plant can have each pair matched in one workbook.
Related services
Tally bookkeeping
Complete books kept in Tally, reviewed every month and ready for filing.
GST input credit reconciliation
Match your purchases with GSTR-2B so you claim every eligible rupee and nothing extra.