FAQ
Account reconciliation questions, answered
Security and read-only access, what you can connect, how automatic transaction matching works, how it fits with your existing ledger, what it costs, and why we never move money. The honest answers finance teams ask for first.
No, it can never move your money. Reconciler connects read-only. It reads transactions from your bank feeds, payment processors and ledger to match them, and it never initiates, holds, or moves a payment. It does not need write access to your bank or your accounting software. Read-only by design is the whole point, and you can revoke access at any time.
Reconciler connects bank feeds, payment processors including Stripe, PayPal and Square, and accounting ledgers including QuickBooks, Xero and NetSuite. It matches transactions across both sides, the money side and the books side, so you reconcile the whole picture rather than one account at a time.
Reconciler matches transactions and explains each match in plain English, so you can verify why two lines tie out. Anything it cannot confidently tie is flagged for human review rather than force-matched. Nothing auto-posts to your ledger. You stay in control and confirm the exceptions, which is exactly how a careful close should work.
No. Reconciler sits on top of the ledger you already use. It reads from QuickBooks, Xero or NetSuite read-only and reconciles against your bank and processors, so there is no rip-and-replace, no migration, and no need to move your books onto a new platform to get automated reconciliation.
No. Reconciler is a reconciliation tool, not a financial, accounting, or tax advisor. It matches transactions, flags discrepancies, and explains its reasoning so your finance team can close the books faster. Every result is decision support that a person on your team reviews before anything is finalized.
Matching runs automatically as soon as your sources and ledger are connected read-only. There is no manual mapping, no months-long rollout, and no spreadsheet template to maintain. The first pass surfaces your matched pairs, the running difference, and any flagged discrepancies right away.
Reconciler reads only the transaction data it needs to match your accounts and connects read-only. It does not move money and it encrypts data in transit and at rest. See the privacy policy for the full detail on data handling, retention, and how to revoke access.
Reconciler is self-serve, transparently priced, and reconciliation-first. Enterprise platforms like BlackLine are powerful but sales-gated and priced for large enterprises with a long procurement cycle. Close platforms like FloQast and Numeric lead with checklists and workflow, where reconciliation is often status tracking rather than deep cross-source auto-matching. Reconciler connects both sides, matches transactions, and explains each match, without a sales call or a seat-based enterprise contract.
No. Reconciler does the matching and flagging so your finance team spends time on judgment and exceptions instead of tick-and-tie in spreadsheets. It makes a bookkeeper or controller far more effective and their close far faster. It does not replace their review or their sign-off.
Transparent self-serve pricing: Starter is 49 dollars per month, Growth is 149 dollars per month and is the most popular tier, Scale is 399 dollars per month, and Enterprise is custom. Prices are billed yearly by default. Reconciler is priced for the empty middle: well under enterprise reconciliation platforms and clearly above the shallow reconcile built into your accounting software.
Still have a question?
Connect your bank feeds, processors, and ledger read-only and watch transactions match themselves, or send us a note. Either way, you will have answers in minutes.