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About

Accountflow is a complete reconciliation platform that automates financial statement reconciliation and brings accounting processes into one user-friendly system. It integrates with widely used banks, ERP platforms, and finance systems so accountants can retrieve accurate data, identify discrepancies, document work, and manage multiple companies from one place. Automated templates cover bank reconciliation, payroll, VAT, general ledger, fixed assets, and accruals, helping teams reduce manual work while improving data quality and control over period closing. Bank transactions can be extracted and reconciled automatically, VAT balances monitored for discrepancies, and general ledger transactions continuously checked with documentation and comments attached directly to the process. Fixed asset tools support categories, registers, transactions, value calculations, and depreciation, while accrual workflows provide an overview of prepaid income and expenses with automated reconciliation.

About

A reconciliation should begin with comparing the General Ledger closing balance to the sub-ledger or other relevant sources (such as bank statements or other third-party documents). Differences between the two need to be investigated, quantified, and where possible, resolved by posting correcting journals to the general ledger or sub-ledger as required. Anomalies should be recorded as reconciling items to provide visibility. The balances should match and be fully supported with all documentation attached to the reconciliation. The review process ensures the reconciliation is complete, and you can also add a layer to approve the reconciliation being complete. A framework and a standardised process go a long way to improve the reconciliation process each month-end.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Accountants, business owners, controllers, and auditors seeking to automate reconciliation, improve financial data quality, and manage accounting workflows

Audience

Audit solution for companies

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Accountflow
Founded: 2018
Norway
www.accountflow.no/

Company Information

RecWise
Founded: 2017
Australia
www.recwise.com

Alternatives

Alternatives

QX QuickReco

QX QuickReco

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MyFundAccounting.Online

MyFundAccounting.Online

Data Developments
ReconXpert

ReconXpert

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ZoneReconcile

ZoneReconcile

Zone & Company
Iridium BI

Iridium BI

Iridium Technology

Categories

Categories

Audit Features

Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management

Integrations

Finago Procountor
PowerOffice
Tripletex
Visma Nova
Xledger

Integrations

Finago Procountor
PowerOffice
Tripletex
Visma Nova
Xledger
Claim Accountflow and update features and information
Claim Accountflow and update features and information
Claim RecWise and update features and information
Claim RecWise and update features and information