How Bank Reconciliation Works in Saldio
From CAMT files to payment matching: how Saldio automatically connects banking and accounting.
For many SMEs, bank reconciliation is still one of the most time-consuming administrative tasks.
Payments are checked manually, invoices are searched across different systems, and accounting entries are often created separately.
Modern business software can automate large parts of this process.
What Is Bank Reconciliation?
Bank reconciliation matches incoming and outgoing bank transactions with:
- customer invoices
- supplier invoices
- payments
- accounting entries
The goal is to ensure that all payments are correctly assigned and posted.
The Typical Manual Workflow
In many businesses, the process still looks similar to this:
- Download bank statements manually
- Open e-banking and accounting software separately
- Search invoices manually
- Compare amounts and references
- Create accounting entries manually
- Mark invoices as paid
This often leads to:
- duplicated work
- incorrect assignments
- forgotten payments
- delayed accounting
- limited transparency
How Saldio Automates Reconciliation
Saldio automates large parts of the reconciliation process.
The workflow typically works as follows:
1. Import Bank Transactions
Bank transactions are imported using CAMT files, for example:
- CAMT.053
- CAMT.054
These files are part of the Swiss ISO 20022 standard. They contain:
- incoming payments
- outgoing payments
- transaction details
- references
- account information
2. Automatic Matching
Saldio automatically analyzes imported transactions.
The system compares:
- QR references
- invoice numbers
- IBANs
- payment amounts
- customers and suppliers
with existing invoices and accounting data.
3. Automatic Linking
If a clear match is found, the transaction can automatically be linked to:
- customer invoices
- supplier invoices
- existing accounting entries
This significantly reduces manual work.
4. Overview of Open Transactions
Transactions that cannot automatically be assigned remain visible in a centralized overview.
Users can then:
- review transactions
- assign invoices
- split bookings
- enter corrections
5. Automatic Accounting Entries
After successful reconciliation, Saldio can automatically create the accounting entry.
Example:
| Transaction | Debit | Credit |
|---|---|---|
| Customer payment | Bank | Receivables |
| Supplier payment | Payables | Bank |
This keeps accounting continuously up to date.
Benefits of Automated Bank Reconciliation
Automated bank reconciliation provides several advantages:
| Benefit | Value |
|---|---|
| less manual work | lower administrative effort |
| faster reconciliation | real-time visibility |
| fewer errors | higher accounting quality |
| automatic matching | greater efficiency |
| centralized banking overview | better control |
| integrated accounting | seamless workflows |
Why CAMT Files Matter
CAMT files form the foundation of modern Swiss banking integrations. They provide structured payment information directly from the bank.
Compared to manually processing bank statements, this enables:
- faster imports
- more reliable matching
- automated workflows
- cleaner accounting processes
Why SMEs Benefit the Most
Small businesses often manage:
- invoices
- payments
- banking
- accounting
with very limited resources.
Automated bank reconciliation reduces administrative effort while simultaneously improving transparency.
Even businesses with only a few daily transactions can save many hours per month.
The Saldio Approach
Saldio connects:
- banking
- invoices
- QR payments
- accounting
- document management
within one integrated system.
The result:
- fewer standalone tools
- fewer manual workflows
- better visibility
- simpler processes
Conclusion
Bank reconciliation should not require hours of manual review.
By combining:
- CAMT imports
- automatic matching
- integrated accounting
- centralized payment management
Saldio helps Swiss SMEs significantly simplify one of their most important daily financial workflows.
From order to balance.