AUTOMATIC BATCH RECONCILIATION
RECONCILE MORE THAN JUST A PAYMENT…
BILLER GENIE NOW AUTOMATICALLY MATCHES BANK DEPOSITS IN YOUR ACCOUNTING SOFTWARE TOO!
SKIP THE UNDEPOSITED FUNDS ACCOUNT
Tired of having to sift through thousands of transactions in Undeposited Funds so that you can record a single bank deposit? Working with a third-party payment provider can be great to help you save money, but not if it’s at the cost of additional reconciliation steps.
Up until now, there’s been no easy way to identify and match those transactions without scrolling through every single one. And it’s difficult to spot and remediate exceptions, like chargebacks and refunds, when they’re in the same space with all your other transactions, impeding accuracy and sacrificing time.
That is, until now…
Automatic Batch Reconciliation feature allows you to reap the economic benefits of working with a third-party payment provider while also making bank reconciliation easy, accurate, and most importantly… automatic!
SUPPORT FOR BOTH CREDIT CARD AND ACH PAYMENTS
Deposit credit card and ACH transactions directly to specified sweep accounts.
AUTOMATIC JOURNAL ENTRIES
Accurately record journal entries for daily batch totals without having to sift through thousands of records.
Leverage your accounting software’s artificial intelligence to automatically match entries to bank deposits so you do not have to do it manually.
EASY EXCEPTION HANDLING
Quickly identify exceptions with your third-party processors so you can focus on what’s important, not data entry.