Introduction
Managing finances can be challenging when invoices, payments, and bank statements don’t line up perfectly. Traditional reconciliation processes are often time-consuming and prone to errors. To solve this, we built a Bank Reconciliation Module for Odoo that makes the process seamless, accurate, and stress-free.
Why Bank Reconciliation Matters
Bank reconciliation is more than just matching invoices with payments. It’s about ensuring that your company’s financial records truly reflect your bank’s records. Without proper reconciliation, businesses risk financial misstatements, missed payments, and compliance issues.
Our module addresses these challenges by providing:
Clear visibility of unreconciled transactions
Automatic tracking of difference amounts
Simple one-click reconciliation and reporting
Key Features
1. Bank Reconciliation Reports
Access reports easily via Invoicing → Reporting → Bank Reconciliation.
Select the journal of your choice and download the reconciliation report in one click.
Direct reporting from the “Difference” label on the dashboard.
2. Seamless Invoice & Payment Matching
Track validated payments not yet linked with a bank statement.
Consolidated account balances show both reconciled and unreconciled amounts.
Customer invoices and vendor bills are automatically updated to Paid or Partial once reconciled.
3. Partial Reconciliation Support
Reconcile payments even when they don’t fully cover an invoice.
Remaining balances are automatically tracked under Amount Due.
4. Smart Search & Validation
Use the reconciliation widget to search invoices by partner name, invoice number, or amount.
Validate and finalize matches with a single click.
5. Error Handling & Flexibility
Easily correct mistakes with the Unreconcile option.
Perform reconciliation/unreconciliation directly from journal items.
Wrong matches can be instantly reverted and corrected.
Benefits of Using This Module
Faster month-end closing
Reduced manual errors
Accurate financial reporting
Clear visibility into pending reconciliations
Time-saving automation for accountants and finance teams
Get the Bank Reconciliation Report module now on the Odoo App Store:
https://apps.odoo.com/apps/modules/16.0/skit_bank_reconcil
Conclusion
Our Bank Reconciliation Module ensures that your financial data is always accurate, up-to-date, and easy to manage. Whether it’s full or partial payments, customer invoices, or vendor bills, the module gives you total control over your reconciliation process.