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Books

Books that close themselves.

Reconciled, categorized and closed, with your team reviewing.

Close September for both portfolios. Read bank activity: 1,284 lines. Matched to ledger: 41 groups · many-to-one. Split across properties: 1 wire. Drafted entry for unmatched item: JE 4150. Unreconciled difference: $0.00. Result: $0.00 unreconciled across both portfolios. September is closed and ready for your review.

What it handles

From bank feed to closed books.

01Reconciliation

Matched, even when it’s not one-to-one.

  • Matches bank activity to the ledger, including one deposit to many receipts.
  • Splits wires and payments across properties.
  • Drafts entries for anything unmatched.
September close · OperatingReconciled
BANK · SEPLEDGER · GL 1010JOURNAL ENTRIESRent deposit 0914+48,212.0014 receipts ·+48,212.00= +48,212.00 ✓ACH ABC Plumbing−1,286.50Bill · Riverbend−412.50Bill · Cedar Ridge−588.00Bill · Maple Court−286.00= −1,286.50 ✓Amex payment−6,404.1822 charges ·−6,404.18= −6,404.18 ✓Wire Insurance−9,640.00Riverbend−5,784.00Cedar Ridge−3,856.00SPLIT= −9,640.00 ✓ACH City Water−1,869.37JE 4114−1,869.37✓Bank service fee−35.00No ledger matchJE 4150 · Bank fees−35.00DraftedCLOSEDUNRECONCILED$0.00

02Categorization

Every transaction, coded.

  • Categorizes transactions by property and GL account.
  • Learns your coding patterns over time.
  • Handles multi-entity portfolios automatically.
Bank feed · OperatingCategorized
TransactionGLAmount
Rent Deposit · 142 Oak Lane4000 · Rental Income+$4,200.00
ABC Plumbing Payment6100 · R&M−$875.00
City Water Authority5200 · Utilities−$1,240.00
Security Deposit Refund2100 · Security Dep.−$2,000.00

03Journal entries & close

Month-end, without the crunch.

  • Drafts balanced journal entries for your review.
  • Closes every database on schedule.
  • Your team reviews instead of rebuilding.
Bookkeeper · September close

Database A

Closed on schedule
Transactions matched
1,284 of 1,284
Journal entries
6 balanced
Unreconciled
$0.00

Database B

Closed on schedule
Transactions matched
962 of 962
Journal entries
4 balanced
Unreconciled
$0.00

98%

of bank entries reconciled automatically

Property management company · two portfolios · 20,000 units

No backfill needed.

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  • Live in days, not months
  • Works inside the systems you already use
  • No commitment required