Bank reconciliation workflow
Import bank statements, match transactions and review reconciled balances against the company ledger.
| Step | Finance team action | Workspace support | Review result |
|---|---|---|---|
| Import statement | Load supported statement activity | Lines listed for reconciliation | Imported statement |
| Match activity | Review suggested ledger matches | Draft matching workspace | Matched and unmatched lines |
| Resolve differences | Adjust or identify remaining entries | Reconciliation review | Explained bank position |
| Complete review | Compare statement with company ledger | Reconciliation record | Cash and bank balance |
Workflow overview of statement import and reconciliation review in Proper Axis.
Cash, bank accounts and transfers
Maintain the company’s cash and bank accounts and record money moving between its own accounts. Transfers keep both sides linked, show the movement in cash reporting and remain separate from income and expense activity.
Bring in a bank statement
Import supported statement files into a reconciliation workspace. Statement lines remain reviewable alongside the company’s posted cash and bank entries, giving the finance team a clear place to start matching.
Review suggested matches
Matching can suggest likely ledger transactions using statement details, dates and values. Review suggestions in a draft reconciliation, accept or adjust the matches, and handle unmatched statement lines deliberately before finalising.
Understand the remaining difference
See matched, unmatched and adjusted items together while working through the reconciliation. Keep a record of what was reviewed so the closing bank position can be compared with the company ledger.
Keep cash movements connected
Reconciled bank activity feeds the same cash and bank balances used in financial reports. Use supporting transaction details and attachments to explain a payment, deposit or transfer during review.