Bank reconciliation software

Bank reconciliation made simple

Say goodbye to chasing down transactions and second guessing your accounts. With Crunch accounting packages, bank reconciliation becomes effortless. Open Banking feeds and one click reconciling keep your finances accurate and up to date, ensuring your accounts are tax ready for HMRC.

Plus, if you need support, our expert accountants are just a call away. Start your 14 day free trial and leave reconciliation headaches behind.

"The online accounts package is one of the most straight forward I have ever used and makes book-keeping, bank reconciliation, invoicing and tax management simple"
Jane

How our bank reconciliation software works

1.
Connect your bank securely via Open Banking—fast, simple, and no complicated setups.
2.
Daily imports bring in your latest transactions automatically, so your accounts are always up-to-date. No more manual uploads.
3.
One-click reconciling lets you approve matches in seconds.
4.
Create as you go—if something’s missing, simply add it on the spot without interrupting your workflow.

Need help? Unlike other providers, we’re not just about automated support. Our dedicated client managers and accountants are always available to guide you through any questions.

Want to ditch the admin altogether? We even offer a dedicated bookkeeping service.

Why Crunch stands out

Crunch offers everything you need to make bank reconciliation and accounting easy, with features that set us apart from the competition. Here’s how we compare:

Feature
Others**
Bank feeds
Open Banking integration importing transactions daily.
Standard bank linking with some competitors requiring online banking login access.
Transaction matching
Suggested matches as standard with auto-matching coming soon.
Usually AI or rule-based systems require manual adjustments or input.
Support
Support from expert accountants is included in our packages.
Mostly self-service with some help guides or online help.
Ease of use
Simple, intuitive, and user-friendly.
Needs custom rules, manual edits, and rule-based adjustments, which can be confusing and difficult.

**Compared to other accounting software providers

"Crunch does everything I need it to, and it is very easy to use with great support from the team that always answers my questions with very quick replies."
Ghost Motion Ltd

Frequently asked questions

Explore our FAQs for quick answers to your questions

Can I get help if I’m stuck with bank reconciliation?

Yes! Keeping your records accurate is crucial for tax filing and financial management. If you need support, your dedicated Account Manager will guide you through the process—something you won’t get from just an accounting software provider.

How is bank reconciliation done?

Bank reconciliation is the process of comparing your bank statement with your accounting records. This is often made easier by using bank reconciliation software, like Crunch. For example, Crunch automates bank reconciliation by securely importing transactions daily* via Open Banking and AI to suggest the right category. If you’re new to bank reconciliation (or not) we’d recommend checking out our Knowledge section as it’s packed full of expert tips to make bookkeeping a breeze. Including bookkeeping basics for ecommerce sellers to an ultimate guide to self-employed bookkeeping. We’ve got you covered!

What is bank reconciliation software?

Bank reconciliation software is a tool designed to help businesses match their accounting records with their bank statements. Good bank reconciliation software simplifies the process of tracking income and expenses, and ensures all transactions are accounted for correctly.

Which software is used for bank reconciliation?

There are a few different bank reconciliation tools available, including Crunch. But we’d like to think that ours is the best for the job, and here’s why: Crunch offers an easy-to-use platform that automates most of the reconciliation process, saving you time and stress. With our Open Banking integration, you can ensure your transactions are matched accurately and quickly, all with minimal effort on your part. Plus, you get the added bonus of support from real human experts when you need it—something you won’t find in competitors. So, why settle for anything less?

Can bank reconciliation be automated?

Yes! Crunch’s bank reconciliation software automates the majority of the process. With automatic transaction imports thanks to Open Banking and one-click reconciliation, Crunch helps you save time and eliminate errors… all while keeping your books up-to-date effortlessly.

When should bank reconciliation be done?

Bank reconciliation should be done regularly—at least once a month, but it’s better to do it more regularly—to ensure that your financial records are accurate. We’re proud to say that our bank reconciliation software makes it possible to do this on a daily basis as transactions are imported automatically*, and you only need to reconcile them as they come in.

Why is bank reconciliation important?

It’s crucial because it keeps your financial record accurate and up-to-date. Keeping records updated is crucial for tax filing, financial reporting, and managing your business effectively. It also helps you spot errors or fraudulent activities early, protecting your business from financial discrepancies.

Still have questions?

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Want effortless bank reconciliation in minutes?

With our accounting packages, wave goodbye to bank reconciliation headaches—just smooth and accurate bookkeeping every time.