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Bank reconciliation

By Tyms · Finance · Tyms OS

Reconcile the deposits in your books against your bank statements. Your assistants can run the matching, explain what is left and report on every run.

Start in Tyms OSOpens on Tyms OS · Your Tyms account.

What Bank reconciliation does

Bank reconciliation gives your finance team one place to prove that what you recorded is what the bank received. Upload a books export and a bank statement, and the matcher pairs them by reference, amount and date. Anything it is not sure about becomes a suggestion you confirm, never a silent guess. What is left over is classified by rules you control, explained by a person, and carried forward so next month's run resolves timing differences on its own. Every run keeps a report with a reconciliation statement and an audit trail, and your assistants can run, review and export reconciliations for you.

Features

  • One bank account and period per run, with a saved column layout per bank
  • Automatic matching by reference, amount and date; unsure pairs become suggestions to confirm or reject
  • Editable classification rules for fees, float transfers and payouts, with auto-close only where it is safe
  • Open items carry forward on an account ledger and clear themselves on the next run
  • Reconciliation statement, unexplained difference, and a finalise step that records who accepted what
  • Excel, CSV and PDF exports; assistants can import statements, run matching and answer questions about open items

Ask your assistants

Tyms assistants work Bank reconciliation with you. Ask in chat, email or your team's channels.

  • Reconcile March for the operating account using this statement
  • Explain the unexplained difference on the last run
  • Export the September reconciliation statement to Excel

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