Steps for Auto Bank Reconciliation

*This option is only available in the licenced mode of Tally. You may please refer to
these steps when working in the licenced mode.

How to activate auto bank reconciliation in Tally?

Step 1: Open your bank account’s ledger in alter mode.

Step 2: Fill all necessary bank details like A/C No, IFSC, Branch details etc.

Step 3: Under banking configuration, set Enable auto bank reconciliation to Yes.

Step 3: Enable “Set/Alter Auto BRS Configuration” by pressing Y for Yes.

Step 4: In the pop up, specify the desired path where the bank statements will be saved
in your computer (only in Excel or CSV formats).

Step 5: Press Ctrl + A to save.

Using auto bank reconciliation in Tally

After enabling the Auto Bank Reconciliation option, now you can reconcile the bank
statement with the company’s books. Follow these directions:

Step 1: Go to Gateway of Tally > Banking > Bank Reconciliation.

Step 2: Select the required bank which has to be reconciled from the ‘List of Banks’.

Step 3: On the ‘Bank Reconciliation’ screen, click on the Import tab on the horizontal
button bar OR press Alt + O from your keyboard.

Step 4: Click on the bank statement option.

Step 5: Select the bank statement from the list in the ‘Directory’ where you have saved
the downloaded bank statement

Step 6: In case you need to change the ‘Directory’, you can press ‘Backspace’ to select
the appropriate ‘Directory’ for the bank statement to be imported.

Step 7: Once you’ve selected the required bank statement file from the ‘List of Files’, it
will reconcile automatically. Once the reconciliation happens, a ‘Success!!’ notification
will be displayed with details like ‘Total Entries in Bank Statement’, number of entries
reconciled and ‘Additional Bank Entries’.

Step 8: Now, you have to press any key and the Bank Reconciliation Statement with
the Imported bank statement details will appear. Now the screen will show the
reconciled list of entries from the bank statement under ‘Amounts not reflected in
Company Books’.

Step 9: Begin the reconciliation process for entries under ‘Amounts not reflected in
Company Books’ by verifying with the Bank Statements obtained from the bank or the
Bank book maintained by you.