Reconciliation
Stop comparing supplier statements line by line.
Soldofi compares supplier statements with your financial records and separates the transactions that match from the ones that need investigation.
| line | statement | ledger | outcome |
|---|---|---|---|
| invoice inv-04102 | 4,200.00 | 4,200.00 | matched |
| invoice inv-04118 | 1,860.00 | 1,845.00 | variance |
| invoice inv-04120 | not set | 920.00 | missing on statement |
| invoice inv-04133 | 3,410.00 | not set | missing in ledger |
Supplier statements can contain dozens or hundreds of transactions. Finance teams often have to compare each line against the ledger just to find the few items that don't agree. That means spending most of the reconciliation process proving what already matches.
Let the matches take care of themselves.
Soldofi compares statement information with your financial records and gives each transaction a clear outcome.
Focus your team on what doesn't match.
Instead of manually checking every transaction, your finance team can concentrate on the differences that actually require investigation.
Know why a reconciliation line was flagged.
Each outcome gives your team a clear starting point for investigating exceptions instead of forcing them to search through multiple files and systems.
Xero aged payables
excelNetsuite a/p aging summary
csv and excel/xmlConverted for comparison, not mixed
Foreign-currency balances are converted before they're compared, rather than compared against a ledger figure that mixes currencies. A variance reflects a real difference, not a currency mismatch.
Coming soon
Order and invoice matching, across systems
Matching orders from a connected sales platform, such as Shopify, against the invoices raised for them in the ledger.
See reconciliation run against your own statements.
We'll walk through matching and exception handling using your actual statements and financial records.
Get started