Australia · Bank reconciliation
Bank reconciliation services for Australian businesses and practices
Unreconciled accounts are where BAS errors, missed bills, and duplicate payments hide. We reconcile your bank, credit card, and clearing accounts on a fixed rhythm, inside your own software, and flag anything that does not add up.
What we handle
- Bank and credit card accounts matched line by line
- Clearing, loan, and payment-gateway accounts (Stripe, Square, PayPal) reconciled
- Duplicates, missing transactions, and miscoded GST flagged
- Query log of items needing a receipt or decision
- Weekly or monthly rhythm, reconciled before BAS
Why reconciliation matters before BAS
Your BAS is only as accurate as the ledger behind it. If the bank account is not reconciled, GST collected and paid can be overstated or missed, and the figures you lodge may not match what actually happened in the bank.
A reconciled ledger also makes the rest of the year easier: cleaner management reports, faster year-end, and fewer surprises for your accountant.
What a reconciliation cycle includes
- Statement balance agreed to the ledger at period end
- Unmatched bank lines coded or queried
- Old unpresented items reviewed and cleared where appropriate
- Payment-gateway payouts split into sales, fees, and refunds
- Short summary: reconciled accounts, open items, and questions
For accounting practices
Reconciliation is the most repetitive production work in a practice and the easiest to hand over. We work white label inside your client files, to your checklist, so your team starts review with balanced accounts instead of a backlog.
FAQ
How often should bank accounts be reconciled?+
At least monthly, and weekly for businesses with high transaction volume. Always before preparing a BAS.
Can you reconcile months that are already behind?+
Yes. We work oldest month first so each period balances in order. See our Xero catch-up page for backlogs.
Do you need our bank login?+
No. We work from the bank feeds and statements already in your accounting software. We never ask for internet banking credentials.
Ready to start?
NDA first. Optional free trial file. We respond within 12 hours.