Current accounts
Every line on every current account matched to the entry it belongs to.
All finance operations services
Finance Operations
Bank Reconciliation
FinAura reconciles every bank, card and wallet account you hold to your books, weekly or monthly. Every line is matched to an invoice, bill or entry, unexplained differences are investigated rather than carried forward, and you get a signed-off reconciliation statement for each account at month-end.
- Chartered Accountant-led
- Bangalore and across India
- Reply within one business day
What is covered
What Bank Reconciliation Covers
Every account the business pays from or is paid into.
Cards and wallets
Company cards, payment wallets and petty cash tied to their statements.
Gateway settlements
Payment gateway payouts split into sales, fees and refunds.
Unmatched items
Unknown receipts and payments traced and resolved, not parked in suspense.
Charges and interest
Bank charges, interest and GST on charges recorded every month.
Reconciliation statement
One statement per account showing book balance, bank balance and every difference.
How the month runs
How It Works
Statements in, matched, explained, signed off.
Step 1
Collect
- Bank feeds or statements
- Card and wallet statements
- Gateway reports
Step 2
Match
- Auto-match in the software
- Manual match for the rest
- Duplicates flagged
Step 3
Investigate
- Unknown items traced
- Missing entries posted
- Queries sent to you
Step 4
Sign off
- Statement per account
- Reviewed by a CA
- Open items carried with notes
Your part
What We Need From You
- 01Read access to bank accounts or monthly statements
- 02Card and wallet statements
- 03Payment gateway settlement reports
- 04Answers to our short list of queries
Our part
What You Get
- Books that agree with every bank account
- A reconciliation statement per account
- A short list of items that need your decision
- Early warning of duplicate or unusual payments
A common question
Why do the books and the bank disagree?
Timing is the usual reason: cheques issued but not cleared, deposits in transit, gateway payouts that net off fees. Those are expected and listed.
The differences that matter are the others: receipts nobody recorded, payments without a bill, charges never booked, or the same bill paid twice. A regular reconciliation finds them while they are still easy to fix.
See month-end closeStatementDifferences explained
MatchingEvery line to an entry
StatementsBank, card, wallet, gateway
Who it is for
Who It Is For
Businesses with many accounts
Several banks, cards and gateways.
High-volume sellers
Hundreds of receipts a month.
Companies preparing for audit
Year-end balances that must agree.
Owners who distrust the cash figure
When the books and the bank disagree.
The rules, in plain English
What the Law Says
Companies Act, 2013
Section 128
Every company keeps books of account that give a true and fair view of its affairs and preserves them for at least the eight financial years before the current one.
Official source: mca.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
Bank Reconciliation: Questions, Answered
What is a bank reconciliation?
Matching every entry on the bank statement to the books, and explaining any difference between the balance in the books and the balance in the bank.
How often should we reconcile?
Monthly at minimum. Businesses with many daily transactions benefit from weekly matching, which keeps the month-end short.
Do you need access to our bank account?
Read-only access or bank feeds into your accounting software are enough. We never need payment rights to reconcile.
Can you clear an old backlog of unreconciled months?
Yes. We reconcile month by month from the last agreed balance, then move to the regular cycle.
Often Taken Together
All 10 Finance Operations services01Finance OperationsMonth-End and Year-End CloseA fixed close calendar: accruals, provisions, reconciliations and reviews done in order, so management sees final numbers early in the next month.02Finance OperationsVendor and Customer ReconciliationLedgers agreed with your suppliers and customers, so disputes are settled on facts and balances confirmed before year-end.03Finance OperationsAccounts ReceivableInvoices raised promptly, collections tracked by age, and reminders sent on a schedule, so you always know who owes you and since when.04Accounting & FinanceAccounting & BookkeepingClean, current books every month, reviewed by a Chartered Accountant.05Systems & ControlsSoftware & AutomationZoho Books, Tally Prime and HRMS implementation, migration and automation.