← Back to Services

Accounts Reconciliation

Outsourced accounts reconciliation by virtual accounting professionals. We ensure your financial records are accurate, identifying and resolving discrepancies quickly.

Ideal for: Firms that have received audit findings related to unreconciled accounts, or businesses that want to strengthen internal controls proactively.

Overview

Unreconciled accounts are ticking time bombs. They mask errors, hide fraud, and produce unreliable financial statements. Our reconciliation team systematically compares your internal records against external statements — bank by bank, vendor by vendor, account by account — and resolves every discrepancy with documented explanations. We perform reconciliations on a daily, weekly, or monthly cadence depending on your needs, and escalate unusual items immediately. For firms with intercompany transactions, we specialize in complex multi-entity reconciliations that eliminate the most common audit findings. Our clients pass their audits faster and with fewer adjustments because their books are already clean.

Typical Volume: 10-100+ accounts reconciled monthly

What's Included

Our accounts reconciliation service covers every aspect you need for smooth, accurate financial operations.

01

Bank Reconciliation

Statement-to-GL matching for all bank accounts, with investigation and resolution of outstanding items. We maintain a rolling reconciliation schedule so nothing ages beyond 30 days.

02

Vendor & Customer Reconciliation

Monthly statement comparisons with key vendors and customers to catch pricing errors, missed payments, and unapplied credits before they escalate.

03

Intercompany Reconciliation

Cross-entity transaction matching and elimination entries for multi-entity organizations. We maintain intercompany balance matrices and flag mismatches in real-time.

04

Credit Card & Loan Reconciliation

Every credit card transaction, loan payment, and line of credit draw reconciled against your GL with supporting documentation.

05

Balance Sheet Reconciliation

Full balance sheet review including prepaid expenses, accrued liabilities, deferred revenue, and fixed asset subledgers — the complete picture your auditors expect.

Why Outsource Accounts Reconciliation

The Benefits of Outsourcing with Plenexia

Outsourcing your accounts reconciliation to Plenexia means more than just cost savings. It means having a dedicated virtual accounting team committed to delivering quality work for your organisation, every single time.

Optimize Your Budget with 40-50% Cost Savings

No recruitment costs, no employee benefits or insurance expenses, no infrastructure costs. Reduced training and technology investment — all while maintaining the highest quality.

Certified Professionals

Work with CAs and CPA-qualified virtual accountants trained in US GAAP, IFRS, and regional compliance standards.

Scalable Services

Whether you're a startup, SME, or CPA firm, our services scale with your business growth — with full flexibility and no long-term commitments.

Enterprise-Grade Security

Encrypted VPN connections, role-based access controls, comprehensive NDAs, and regular security audits protect your data.

Timely Reporting & Insights

Beyond bookkeeping, we provide meaningful financial insights that support smarter business decisions with a 5-day monthly close.

How It Works

Getting Started Is Simple

01

Consultation

We analyze your current workflow, pain points, and requirements in a free 30-minute call.

02

Team Assembly

We handpick the right virtual accountants for your needs — matched by skillset, software expertise, and industry experience.

03

Onboarding

Your dedicated virtual accounting team integrates with your existing tools and processes. Most organisations are fully onboarded within 5-7 business days.

04

Delivery

Consistent, quality-checked deliverables on your timeline. Your account manager ensures everything runs smoothly.

Ready to Get Started with Accounts Reconciliation?

Schedule a free consultation and discover how Plenexia can transform your accounts reconciliation operations.