Related Products
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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.
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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.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Accountants, business owners, controllers, and auditors seeking to automate reconciliation, improve financial data quality, and manage accounting workflows
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Audience
Audit solution for companies
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationAccountflow
Founded: 2018
Norway
www.accountflow.no/
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Company InformationRecWise
Founded: 2017
Australia
www.recwise.com
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Alternatives |
Alternatives |
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Categories |
Categories |
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Audit Features
Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management
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Integrations
Finago Procountor
PowerOffice
Tripletex
Visma Nova
Xledger
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