The Days of Manual Bank Reconciliation Are Over

Feb. 13, 2010 - PRLog -- Los Angeles — Ezyrecon released their version 12, designed for companies using 2007 MS Office version. The new version is more robust and can accommodate 1.5 M lines of transactions, the limit of Excel 2007. Also released is Ezyrecon – Lite, a version, designed for small companies with 500 transactions to reconcile. Ezyrecon maintained the classic menu found in its earlier version, thus, there is no learning curve from the old to the new version. The new version has an improved virtual accountant called “BEN (Best Effort Now), which will do the actual bank reconciliation process with no or nil effort on the user.

Ezyrecon is designed for accountants or bookkeepers spending more than 30 minutes doing their bank reconciliation.  Ezyrecon can do bank reconciliation in under 3 minutes with the users virtually doing nothing.  Users simply download the raw (i.e. no data format) book and bank files into Excel and click the reconcile button –wait for 3 minutes to reconcile everything. The strength of the program lies in the fact that this is the only software that reconciles directly from the general ledger. The program is written in Visual Basic and uses the MS Excel as its user interface. Unlike other bank reconciliation software with many pull down menus, it has only three (3) click buttons to do a reconciliation.   In Ezyrecon, the instruction to do a bank reconciliation is a simple 3 step process, represented by three click buttons, namely (1) download the bank file ; (2)  download the book file and (3) reconcile. The result of the reconciliation is an AICPA format reconciliation from unadjusted book and bank balances to reconciled book and bank balances. A typical 2,500 book transactions with sufficient audit trail can be reconciled in less than 3 minutes without the users doing anything.  The system is Sarbanes-Oxley compliant and can be used with any accounting software and bank files.


Although, most of the familiar accounting software (e.g. Microsoft  Great Plains, Navision, SAP, DacEasy, Oracle, Quickbooks  and others) out there have a built-in accounting module, most of them  are semi-manual and redundant in the process- they still require a lot of work and analysis from the users. On the contrary Ezyrecon only requires the users to download the raw book and bank files to do the reconciliation -the system can even suggest the journal entry for the required book adjustments, if any - truly, a paradigm shift in doing bank reconciliation.

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Ezyrecon developed the Ezyrecon bank reconciliation software, a paradigm shift in doing bank reconciliation. This is the only software that can do a complete bank reconciliation by simply downloading the raw book and bank data in Excel or csv files.