online accounting software

e-conomic can manage your reconciliations quickly and easily

e-conomic offers a smart and fully integrated feature that allows you to automatically reconcile your bank accounts (as well as other accounts where you obtain electronic data reconciliation).
Screenshot of bank reconciliation ine-conomic
Here is a screenshot of the automatic bank reconciliation screen in e-conomic.

Save up to 95 % of your time!

Begin bank reconciliation with e-conomic by importing the bank statement that you receive from your online bank (one or numerous months worth) as an Excel CSV file.

Then choose the first month that you would like to reconcile, and choose auto-reconcile. Now choose your matching criteria, the number of days between the system date and the date it may clear the bank, and if you want to reconcile one bank entry with more than one system entry and visa versa.

If the bank statement entries that you imported include interest or charges that haven't yet been booked, these can easily be processed in your bank reconciliation screen by using the "Transfer" option. This allows unmatched items on the system side that have yet to appear on your bank statement to be carried forward into the next period.

Adjust entries before booking them

Another useful feature of e-conomic bank reconciliation is that it allows you to reconcile before booking the documents to the General ledger.

The documents just need to be registered in the daybook. This makes corrections and changes easier to implement.

Further information

To learn more about how to use e-conomic bank reconciliation, you can find more detailed information on bank reconciliation and how it works in our help site e-copedia.
Bank reconciliation Benefits Bank reconciliation Features
  • Saves you time with the automatic reconciliation functionality
  • You can enter iterest and bank charges within the bank rec screen
  • Option for manual reconciliation available
  • Any unreconciled items can transfer to the next accounting period
  • Reconciliation reports can be run giving you a fantastic overview
  • Allows you to match multiple entries to one bank entry and visa versa

Related pages

Here are some pages that you might find relevant

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Bank reconciliation Help

How to run bank reconciliation in e-conomic

Video on automatic bank reconciliation
Video on manual bank reconciliation

More than 4,100 accountants

Simple, flexible and secure. That is why more than 4,100 accountants are already using e-conomic to work with clients.

More than 48,000 companies are using e-conomic

Simple, flexible and secure. All you need is Internet access.


That is why thousands of companies have chosen e-conomic as their bookkeeping and accounting system.


e-conomic makes it easier to collaborate with your accountant or external bookkeeper.

Users say:

As a modern consultancy, we have to be flexible and cost-effective and our administrative procedures need to be streamlined.

Peter J. Noervig, Exacto A/S

e-conomic is really easy to use.

Mikkel Kjerri, Kommunikationsbureauet m4m ApS

The perfect choice for a small company like mine.

Kasper Erling Olsen, SuperStreet.dk

Read more comments from users of e-conomic.

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Contact

e-conomic international a/s
Wildersgade 10 B
DK - 1408 Copenhagen K
Denmark
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Email:
+45 88 20 48 40
+45 88 20 48 42
+45 88 20 48 41
info@e-conomic.com

e-conomic in brief

e-conomic is an online accounting software used by more than 48,000 companies and 4,100 accountants worldwide - from sole practitioners to large accounting firms. The software is easy to use and flexible, and you can give your accountant free access.