Conciliação – Parte 1 | Nibo Gestão Financeira

Conciliation Banking Process

Accessing the Reconciliation Screen

• To access the reconciliation screen, click on the "conciliar extrato" button on the left side of the screen. This will direct you to the banking reconciliation process.

Importance of Bank Reconciliation

• Bank reconciliation is crucial for ensuring that financial reports within your system align with real-life transactions. It allows you to create entries for bank transactions not yet recorded in your platform and link them with previously provisioned entries.

Screen Layout Overview

• The screen consists of two main sections: imported transactions from your bank on the left and reconciliation actions within NIBO on the right. If your account is connected, transactions will automatically appear daily without further action required. For manual accounts, you'll need to import transactions using options like FX file, spreadsheet file, or PDF statement.

Types of Reconciliation Options

Suggestion Option

• The "suggestion" option allows the system to find existing un-reconciled entries in your reports that match new bank transactions, reducing duplicate entry risks. For example, if a R$ 100 transaction appears from your bank, it may suggest an un-reconciled entry from accounts receivable for automatic matching and reconciliation.

New Transaction Option

• The "new transaction" option enables you to create a new entry while reconciling simultaneously; this is used when no prior record exists in accounts receivable or payable. You must specify whether it's a payment or receipt and provide relevant details such as contact name and category before confirming the entry creation and reconciliation process.

Transfer Option

• When creating a transfer transaction, select it as such and indicate the destination account; this auto-fills descriptions based on source-to-destination transfers for efficient processing during reconciliation.

Search/Create Payments Option

• The final option involves searching for existing payments within your system to link with incoming bank transactions; this includes viewing transaction status (open or paid) alongside essential details like date and amount. A search function can refine results by supplier name or date for more accurate matches during reconciliation efforts.