Skip to main content
Reconciliation is the process of confirming that every bank movement has a corresponding document and a corresponding accounting entry. Done manually, it is one of the most time-consuming tasks in finance. Sintropix automates the vast majority of it — importing transactions from your connected bank accounts, matching them to their backing documents, and posting the resulting entries to your general ledger without requiring manual intervention.

​
How Reconciliation Works

Sintropix uses a three-way match to reconcile each transaction:
  1. Bank movement — a debit or credit imported directly from your connected bank account (Santander, BCI, Banco de Chile, Itaú, Mercury, and others).
  2. Backing document — an invoice, payroll record, expense report, or other source document that explains the movement.
  3. Accounting entry — the journal entry that records the transaction in the correct accounts in your general ledger.
When all three elements are present and consistent (amount, date, and counterparty align), Sintropix marks the transaction as Matched and posts the entry automatically. For transactions where a perfect match is not found, Sintropix flags the item for human review rather than posting a guess.

​
Reconciliation Status

Every transaction in Sintropix carries one of three statuses: You can filter the reconciliation queue by status at any time from the Reconciliation section in the left sidebar.

​
Reviewing Unmatched Items

For transactions with a Needs Review status, Sintropix guides you through resolution in a few steps.
1

Open the Reconciliation queue

From your dashboard Action Items, click Unreconciled transactions, or navigate to Reconciliation → Needs Review in the left sidebar.
2

Review Sintropix's suggested matches

For each unmatched item, Sintropix presents one or more candidate matches ranked by similarity — based on amount, transaction date, and counterparty name. Review the top suggestion and the underlying documents before accepting.
3

Accept a match or search manually

Click Accept to confirm Sintropix’s suggested match, or use the search field to find a different invoice, payroll record, or expense report manually.
4

Create a new entry if no document exists

If no backing document exists — for example, a bank charge with no corresponding invoice — click Create Entry to record a new journal entry directly from the reconciliation queue. Erwin can suggest the correct accounts based on the transaction description.

​
Multi-Currency Reconciliation

When a bank movement and its backing document are in different currencies — for example, a USD invoice paid from a CLP bank account — Sintropix handles the FX difference automatically.
  • The transaction is matched using the exchange rate in effect on the settlement date.
  • Any difference between the invoice rate and the settlement rate is calculated as a realized FX gain or loss.
  • Sintropix posts the gain or loss to the appropriate account in your chart of accounts (typically a dedicated FX result account) without requiring manual adjustment.
Unrealized FX differences on open payables and receivables are also calculated at period-end and posted automatically during the close process.
Reconciliation matching rules — including tolerance thresholds for amount differences and the logic for counterparty name matching — are configurable per entity. Go to Settings → Entity → Reconciliation Rules to adjust these for each of your subsidiaries.

Continuous Close

See how automatic reconciliation feeds directly into your daily close checklist.

Reconciliation API

Query reconciliation status and push matching decisions programmatically via the Sintropix API.