Tieot continuously reconciles bank clearing statements (BAI2, MT940, CSV) against Tally Prime and NetSuite cash books. It automatically segregates unpresented cheque timing differences, pre-drafts bank fee adjustments, and captures unbooked GST credits.
Watch how Keel tracks bank statement rows against ERP cash vouchers, isolating timing variances from operational exceptions.
"Cheque #004812 was issued in Tally on October 29th for ₹4,50,000. It has not yet cleared the HDFC statement. Keel has isolated this as a timing variance. The BRS schedule is fully balanced without touching your ledger."
Durable HITL Interrupt · Zero silent writes to Sovereign ERP
Traditional finance teams wait until day 30 to extract bank statements and cross-check hundreds of cheques in Excel. Tieot runs daily, turning month-end into a 10-minute review.
Unpresented supplier cheques and uncredited customer deposits are valid timing differences, not book errors. Keel identifies these items, attaches the voucher issuance timestamp, and maintains the audit-ready BRS reconciliation bridge without corrupting your trial balance.
Banks deduct collection charges, RTGS fees, and corporate internet banking charges directly from accounts without separate bills. Tieot isolates these deductions, segregates the 18% GST component, and drafts the adjustment journal so you never forfeit input tax credit.
Statutory auditors invariably demand the BRS schedule and clearing dates for all year-end cutoff transactions. Tieot preserves every bank file SHA-256 hash, raw statement row pointer, and human approval signature in an immutable append-only ledger.
Upload last month's bank statement (HDFC, ICICI, SBI, Chase, Wells Fargo) alongside your ERP bank ledger. Experience continuous daily reconciliation without altering your current chart of accounts.