Bank reconciliation shouldn't take all day. Here's how to fix it.

A practical guide to streamlining your reconciliation process so you can get back to running your business.

Bank reconciliation has a reputation for being painful. For many business owners and bookkeepers, it's the task that gets pushed to the bottom of the list until it can't be ignored any longer.

But it doesn't have to be this way. With the right process, reconciliation should take minutes, not hours.

Why reconciliation gets painful

Reconciliation slows down for a few common reasons: transactions that haven't been categorised, bank feeds that haven't been connected properly, or months of backlog that have been allowed to accumulate.

The longer you leave it, the more painful it becomes because you've lost the context to know what those transactions were.

The fast reconciliation workflow

• Connect your bank feed directly so transactions import automatically, with no manual entry.
• Set up rules for recurring transactions (payroll, subscriptions, regular suppliers) so they categorise themselves.
• Review and approve auto-matched transactions in batches. BookFlo groups similar transactions together so you can action 10 at once.
• Flag anything uncertain for review, rather than trying to resolve every edge case immediately.
• Reconcile weekly rather than monthly. 15 minutes once a week is far easier than a full day once a month.

The Reckon advantage

BookFlo is built specifically to work with Reckon Accounting Software. As Reckon Approved Developers, we've built a direct, reliable integration that pulls your bank transactions and accounting data together cleanly, with no manual exports, no CSV imports, no sync errors.

The result: reconciliation that used to take our clients a full day now typically takes under 20 minutes. That's time back in your business.

By BookFlo Team · April 2025