Bank Reconciliation

Bank statements in. Reconciled Tally entries out.

Upload any bank statement and Taxract's AI reads, categorizes, and syncs clean, matched entries straight into Tally — no manual data entry, ever.

99.2% match

99.2%

reconciliation accuracy

15 min

avg. time to process 500+ transactions

Any format

PDF, CSV, or scanned statements

0

manual journal entries required

See it in action

From bank statement to synced Tally voucher.

Three steps replace what used to be hours of manual transaction entry.

Upload

Any bank statement, any format, no template needed.

AI parses

Every transaction read, categorized, and matched.

Synced

Clean vouchers posted straight into Tally.

How it works

From raw statement to synced Tally voucher.

What used to take hours of manual entry now happens automatically, with a human review step where it matters.

Upload any statement

Drop in PDF, CSV, or even scanned/photographed bank statements from any bank. No fixed format required.

AI reads and extracts

Document AI parses every transaction line — date, narration, amount, and running balance — with high accuracy.

Auto-categorize and match

Transactions are matched against your existing ledger, vendors, and rules, flagging anything ambiguous for review.

Sync straight to Tally

Approved entries are pushed directly into TallyPrime or Tally ERP as properly coded vouchers, ready to reconcile.

Features

Reconciliation without the spreadsheet.

Built for accountants and finance teams who are done manually re-typing bank statements into Tally.

Reads any statement format

PDF, CSV, Excel, or a scanned photo — Taxract's document AI extracts clean transaction data regardless of layout.

Smart auto-categorization

Transactions are categorized against your chart of accounts using AI that learns from every correction you make.

Direct Tally sync

No CSV re-imports or copy-paste. Reconciled entries post directly into Tally as vouchers, matched to the right ledger.

Duplicate & mismatch detection

Anomalies, duplicate entries, and unmatched transactions are flagged automatically before they hit your books.

Multi-account, multi-bank

Reconcile statements across every bank account and entity in one place, with consolidated visibility.

Full audit trail

Every synced entry links back to its source statement line, so every number in Tally is traceable and explainable.

Use cases

Built for real-world bank statements

Accounting & CA firms

Process statements for dozens of clients without hiring more data-entry staff.

Multi-entity businesses

Reconcile every subsidiary's bank accounts into one consolidated Tally view.

Growing SMEs on Tally

Keep books current daily instead of batching reconciliation once a month.

Taxract cut our monthly close from three weeks to a single day. Bank statements sync straight into Tally the same day they arrive.

MK

Maria Kessler

CFO, Northwind Labs

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FAQ

Frequently asked questions

Yes. Each product works standalone with its own plan, or you can run both together on a bundle plan for one connected finance workflow — invoices you send reconcile against the bank entries synced into Tally.

PDF, CSV, Excel, and even scanned or photographed statements. Taxract's document AI extracts transaction data regardless of your bank's layout — no fixed template required.

Yes. Approved entries post directly into TallyPrime or Tally ERP 9 as coded vouchers matched to the right ledger — no CSV re-import or copy-paste required.

Yes. Ambiguous transactions and AI-drafted invoices are routed for a quick one-click review before anything posts, so you keep control while AI handles the repetitive work.

Taxract connects with Tally, major Indian and international banks, QuickBooks, Xero, Stripe, Razorpay, and more out of the box, with a public API for custom integrations.

Taxract is SOC 2 Type II compliant and encrypts data in transit and at rest. We never sell or share your financial data, and access is scoped with granular, role-based permissions.

Most teams are live within a day. Connect your bank and Tally, or start sending invoices immediately — Taxract begins processing right away.

Ready to get paid faster and reconcile in minutes?

Join finance teams using Taxract Invoicing and Bank → Tally Automation to cut manual work to zero, from day one.