Before you start with the bank reconciliation, you need to upload a bank statement first. You can manually enter bank transactions into Envoice by exporting bank statements from your online banking, then import them in ISO 20022 XML format (CAMT052, CAMT053, CAMT054, CAMT060).
PDF bank statements cannot be imported to Envoice.
If you have access to online banking, look for the option to export the transactions in XML format.
To import a bank statement, you need to set up a bank account in Envoice beforehand.
How to import a bank statement
After you've set up bank accounts on your Envoice account, you can proceed with importing bank statements:
- Go to Bank
- Find the account and click to open it
- click on Import Statement button
- Click Browse to select statement file from your computer
- Click Upload
How to do bank reconciliation
The aim of bank reconciliation in Envoice is to match each statement line in the bank account to an existing document (supplier invoice, expense report or sales invoice) in Envoice.
The beginning date of the new statement has to overlap with ending date of the last statement.
After you've imported the bank statement our system will automatically start matching invoices and bank payments based off invoice number.