← Back to portfolio
Trade account reconciliation

Month end, without the line-by-line

Every month your trade account sends a statement with hundreds of transactions. Someone has to open it, find the matching bill in your accounting system, check the amount, and tick it off. SwiftStatement does that matching for you, and shows you only the lines that need a decision.

The problem

Statement lines and accounting bills live in two systems that never speak. Matching them is manual, slow, and easy to get wrong.

What we do

We pull both sides in automatically and match them line by line, so reconciled transactions clear themselves.

What you do

Review the exceptions — a new supplier, a missing bill, an amount that differs — and approve them in a few selects.

How it fits together

We sit between your trade account and your accounting system, and keep the two in step.

Trade account HQ
Tradeline Group, Forge Buying Co, Allied Trade Network

Your monthly statement feed — every invoice, credit note and payment charged to the account.

API feed
SwiftStatement

Matches each statement line to a bill, posts what's missing, and surfaces only the exceptions.

0
statement lines
0
bills
0 matched0 need review
Read bills
Post back
X
Xero or MYOB
Your accounting system

Accounts payable bills, suppliers and chart of accounts — the other half of the match.

Matching line by lineA sample of the 428 lines
INV-88412Carpet Wholesalers Australia$4,820.55Matching…
INV-88530Underlay Plus$1,196.00Matching…
INV-88604Metro Tile Warehouse$2,340.00Matching…
CN-2214Quality Timber Flooring-$318.40Matching…
INV-88712Vinyl & Flooring Direct$890.25Matching…

Your trade account HQ pushes the month's statement lines to us over the API — invoices, credit notes and payments.