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Reconciliation
“Never again do I need to manually create excel sheets from 20 backoffices”
Download reports at any time.
Find what you need when you need it.
Every tool you need to get done on time.
Focus on what matters.
The special sauce
You make a one time API or SFTP integration to AccountIQ following our specification. Then on a daily basis data is fetched from your backoffice and all of your providers. Using this information we reconcile the transactions by checking references, amounts, currencies, timing differences and forex conversions.
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Smart forex
To ensure that amounts match all transactions are converted to your base currency with the forex rate of the date of the transaction. Then when reconciliation is done the amount is given a 10% margin of error to alleviate any differences between forex providers and fluctuating currency valuations.
Smart forex
To ensure that amounts match all transactions are converted to your base currency with the forex rate of the date of the transaction. Then when reconciliation is done the amount is given a 10% margin of error to alleviate any differences between forex providers and fluctuating currency valuations.
Manual reconciliation
At times there are technical issues or edge cases on the client or provider side, such as manual refunds outside of the regular transaction flow. To ensure your accounting looks good and is correct AccountIQ provides you with the tools necessary to do manual entries when needed.
Manual reconciliation
At times there are technical issues or edge cases on the client or provider side, such as manual refunds outside of the regular transaction flow. To ensure your accounting looks good and is correct AccountIQ provides you with the tools necessary to do manual entries when needed.
Book a demo
Book a demo with us and we will get back to you as soon as possible!
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