Bank reconciliation that matches what really happened
SeroBooks imports your bank and card statements, applies your rules, matches deposits and payments to transactions in the ledger and locks the period when it balances.
Bank reconciliation, handled by Sero
CSV import with rules
Import bank and card statements and let rules categorize repeat transactions.
Bank connections
Live feeds through Plaid are rolling out; Plaid credentials never touch Sero.
Match to the ledger
Match deposits to customer payments and withdrawals to bills and pay runs.
Deposits
Group cheques and cash into deposits that match the bank line.
Cash-flow view
Cash flow reports and a cash-flow projector show what is coming.
Period locks
Lock reconciled periods so balances cannot shift afterwards.
One company, one login, three products that share their numbers
SeroBooks
The books, the store, the bank. One ledger.
Accounting that runs the whole business — invoicing, inventory, banking, sales tax, payroll and year-end for Canada and the United States.
SeroPOS
The point of sale built for the rush.
Point of sale for restaurants and retail — tables, kitchen tickets, inventory, loyalty and online ordering on iPad, Android, Windows and Mac.
SeroPayroll
Payroll for every province. Right to the cent.
Canadian payroll for all 13 provinces and territories — CPP, EI, QPP, vacation, stat holidays, remittances, T4s and ROEs.
Getting transactions in
Reconciliation starts with the bank’s own record of what happened. SeroBooks imports bank and credit card statements as CSV files, which every Canadian and US bank provides from online banking. Import rules recognize recurring transactions, such as rent, utilities, software subscriptions or a card processor’s daily payout, and suggest the right account so you are not categorizing the same line every month.
Live bank feeds through Plaid are rolling out. When you connect an account through Plaid, Plaid handles the bank login and your banking credentials never touch Sero’s systems. Until a live feed is available for your bank, CSV import with rules does the same job with a quick download once a week or once a month.
Matching, not re-entering
Most bank lines already exist in SeroBooks as something else: a customer payment, a supplier payment, a payroll run or a card deposit. Reconciliation matches the bank line to that existing transaction instead of creating a duplicate, which is how many small-business books end up with income counted twice. Deposits group cheques and cash received into the single amount the bank actually shows.
Anything left unmatched at the end is either missing from the books or a genuine bank error, and that short list is exactly where your attention should go. Instead of ticking off hundreds of lines by hand, you spend your time on the handful that need a real decision or a phone call to the bank.
- Customer payments to deposits
- Supplier payments and payment runs to withdrawals
- Pay runs to net pay and remittance withdrawals
- Card processor payouts to daily sales
Card sales and processor payouts
For businesses running SeroPOS, card sales settle as a processor payout, often net of fees and sometimes covering several days of sales at once. SeroBooks connects with Stripe and with Global Payments and Moneris terminals, so each payout can be matched to the sales it covers and the processing fees recorded as an expense rather than disappearing from revenue.
For Amazon sellers, SeroBooks for Amazon posts each settlement with its fees itemized, so the deposit that arrives in the bank matches a transaction already sitting in the ledger. That turns one of the hardest reconciliations in e-commerce into a simple match, rather than a monthly puzzle of reports downloaded from Seller Central.
Closing the month
When the statement balance and the ledger agree, finish the reconciliation and lock the period. Period locks stop anyone from changing a reconciled month by accident, which protects the figures you have already reported to your accountant, your lender or the tax authorities. On SeroBooks Pro, the audit trail records any authorized change to a closed period, including who made it.
Cash flow reports and the cash-flow projector use the reconciled balance as their starting point, so forecasts are built on cash you can actually verify rather than a balance that might include errors. SeroBooks starts at $79.99 a month in USD, with bank reconciliation and CSV import rules included on every plan.
Frequently asked questions
Does SeroBooks have live bank feeds?
SeroBooks imports bank and card statements by CSV with matching rules today. Live bank connections through Plaid are rolling out. When you connect through Plaid, your bank credentials go to Plaid and never touch Sero’s systems, and transactions arrive for matching in the same reconciliation screen.
Can I set rules for recurring transactions?
Yes. SeroBooks CSV bank import supports rules, so recurring lines such as rent, utilities, subscriptions or card processor payouts are categorized automatically. You review and approve the suggestions during reconciliation, so a rule never posts anything you have not seen.
How do I reconcile card processor deposits?
Card payouts are matched against the sales they cover, with the processing fees recorded as an expense. SeroBooks works with Stripe, Global Payments and Moneris, which makes it straightforward to tie each payout back to the day’s card sales from SeroPOS or SeroBooks counter sales.
Can a reconciled month be changed later?
SeroBooks has period locks. Once a month is reconciled and locked, transactions in it cannot be changed unless an authorized user reopens the period. On SeroBooks Pro, the audit trail records who made any change and when, so closed figures stay trustworthy.
Can I reconcile credit cards as well as bank accounts?
Yes. Credit card accounts are reconciled the same way as bank accounts in SeroBooks: import the statement, match charges and payments to transactions already in the ledger, deal with anything unmatched, and lock the period once the statement balance and the books agree.