Everything You Need forNigerian Business

🏦Bank reconciliation engine

Where you use it

Bank Recon module — after importing your GTBank, Access, or UBA CSV for the week or month.

How it helps

The engine matches settlement batches to recorded sales receipts, splits one bank line across multiple invoices when customers pay in lump sums, and flags unmatched transfers so you can post missing entries before closing the period.

• ✓POS + transfer mix on Nigerian bank formats
• ✓Split matching when one deposit covers many sales
• ✓Unmatched items list before you lock the month

🏦Bank reconciliation engine

Where you use it

Multi-account Bank Recon — operating account plus payroll or collections account, each reconciled to its chart-of-accounts bank ledger.

How it helps

Import both statements, use transfer detection when money moves between your own accounts, match supplier payments to approved bills, and apply AI suggestions with confidence scores when descriptions differ slightly from your records.

• ✓Transfer detection between company accounts
• ✓Match payments to bills & purchase orders
• ✓Tolerance matching for bank fees and rounding

🏦Bank reconciliation engine

Where you use it

Bank Recon after accounts receivable posting — typically weekly or at month-end before management packs.

How it helps

Fuzzy matching and AI-powered suggestions link statement lines to open invoices even when narrations differ; split matching handles partial payments; reconciliation reports show what is still outstanding for partners.

• ✓Fuzzy match when client narration ≠ invoice ref
• ✓Partial / split payments on one transfer
• ✓Aged unmatched items for follow-up

🏦Bank reconciliation engine

Where you use it

Bank Recon per grant or project bank account before donor reports and internal sign-off.

How it helps

Import statements, match grant receipts and approved expenses, keep an unmatched queue for items needing documentation, and export reconciliation reports that tie each bank line to a ledger entry for audit.

• ✓Audit-ready reconciliation reports
• ✓Track unmatched lines until documented
• ✓Multiple restricted accounts supported

🏦Bank reconciliation engine

Where you use it

Daily or weekly Bank Recon on the business operating account linked to your cash/bank GL account.

How it helps

Upload the bank CSV, let the engine suggest matches to recorded sales and expense payments, detect internal transfers if you use a second account for savings, and clear exceptions before VAT and remittance reporting.

• ✓High-volume lines handled with batch matching
• ✓Quick exception queue for end-of-day review
• ✓Works alongside invoicing & expense modules

🏦Bank reconciliation engine

Where you use it

Bank Recon on trade operating accounts — often before inventory costing and supplier statement reconciliation.

How it helps

Use tolerance matching for minor fee differences, split one SWIFT or domiciliary-related transfer across duty, freight, and supplier portions, and rely on confidence-scored AI suggestions when bank narrations are abbreviated.

• ✓Tolerance for fees and FX rounding
• ✓Split one transfer across cost categories
• ✓Confidence scores on suggested matches