Bank Reconciliation in Seconds, Not Hours
Upload your bank statement PDF and your accounting file. Bayainy matches every transaction and flags every difference.
| Ending balance on statement | 48,500.00 |
| Add: deposits in transit | 3,000.00 |
| Less: outstanding checks | (2,200.00) |
| Adjusted bank balance | 49,300.00 |
| Ending balance in ledger | 49,450.00 |
| Less: bank fees not recorded | (150.00) |
| Adjusted book balance | 49,300.00 |
| Difference | 0.00 |
How a bank reconciliation calculator works
Every bank reconciliation, by hand or by software, comes down to the same calculation:
- Adjusted bank balance = statement balance + deposits in transit − outstanding checks.
- Adjusted book balance = ledger balance + interest and other credits − bank fees and charges.
- The two must be equal. Any difference points to a missing, doubled or mistyped entry.
To do it by hand, use the free bank reconciliation template (Excel).
Bank reconciliation software for accountants
- Matched automatically
- Transactions are matched by amount, date and reference number, and every unmatched line is listed in one Excel report.
- 1,300+ banks in 121 countries
- Arabic, English and bilingual statements, digital or scanned. Every row is checked against the running balance, and rows that do not add up are flagged.
- Your files stay private
- Each PDF is processed in an isolated environment and deleted as soon as your result is ready. We never sell or share your data.