SMEs
Month-end stops being a sheet where someone hunts for the collection by hand.
Vacly
Automatic bank reconciliation for SMEs
The Banks module proposes which movement belongs to which invoice. The suggestion is automatic. A person confirms it. Confirming the match does not create the journal entry.
On request · depending on contracted modules
- Supported by ACCIÓ
- GDPR
- Support in Spanish and Catalan
TODO-REVISAR: id del vídeo de «Automatic bank reconciliation for SMEs». No se carga ningún iframe hasta tenerlo.
Who it is for
Accountancy firms
Each client company has its own accounts. One company’s movement is not matched to another company’s invoice.
How it works
1. Connect the account
Accounts and movements come into Banks. The treasury figure shown is indicative.
TODO-REVISAR: screenshot /conciliacion-bancaria-1
2. Vacly suggests the pair
It compares the movement with issued and received invoices already in the system.
TODO-REVISAR: screenshot /conciliacion-bancaria-2
3. You confirm
What does not fit stays open. History keeps what was confirmed.
TODO-REVISAR: screenshot /conciliacion-bancaria-3
Features
Suggestions
The match is proposed on its own. It is not treated as done until someone confirms it.
Open items
What does not match stays visible for the close.
Collections and payments
Remittances and late reminders sit next to the invoices in Invoicing.
Limit
Confirming a movement does not create the entry. The entry is proposed in Accounting and a person validates it.
Automatic until confirmation
The automatic part is the suggestion. The product does not mark the bank as reconciled without a person.
It also does not replace the formal reconciliation an adviser signs. It is the work of matching a movement and an invoice inside Vacly.
The invoice it matches against
Without invoices in Vacly, the suggestion has nothing to match the movement to.
Invoicing software with VeriFactuPrice
On request · depending on contracted modules
The Banks module page does not publish a euro fee. The price is on request, depending on the modules in the contract.
Frequently asked questions
Does it reconcile the bank on its own?
It proposes the match. A person confirms. What does not match stays open.
Does it create the journal entry?
No. The proposed entry is in Accounting and also needs a human review.
Is the treasury figure the official balance?
No. The module’s treasury figure is indicative.
Match a movement to its invoice
The Banks page lists accounts, movements and treasury. This page is the reconciliation page.