Your bank,reconciled
Import the statement from your bank, let OSuite match it to your books, and see what has not cleared.
Bring in the statement as it is.
Export the statement from your net banking as CSV and drop it in. OSuite finds the header row in common Indian bank exports and reads Indian dates and amounts. Lines already imported are recognised, so overlapping statements are never counted twice.
Matched by amount and reference.
Each bank line is matched to an entry in your books with the same amount within ten days. A UTR or document number found in the bank’s text ranks first, and automatic matching only takes the unambiguous ones.
Bank charges and interest that are not in your books yet can be booked straight from the statement.
Books and bank, side by side.
The summary compares the bank’s closing balance with your books and lists the items in your books that have not reached the bank yet, such as cheques not yet cleared.
More in OSuite
Invoicing and quotations
Tax invoices, quotations, proformas and credit notes, with GST worked out as you type.
GST returns
GSTR-1 and GSTR-3B from your posted documents, GSTR-2B matched to your bills, and the GSTR-9 summary.
E-invoicing and e-way bills
E-invoice JSON in the IRP format, checked first; IRN and signed QR on the print; e-way bills from the IRN.
