Import CSV
Upload a CSV bank statement and review deposits within the workspace.
Bank Reconciliation · Business plan
Bank statement reconciliation with invoices
Upload a CSV bank statement, review suggestions for matching deposits to open invoices, then record approved payments in the collection record.
Creating an account does not charge you. Business costs 99 SAR per month including VAT, with automatic renewal, by card, Apple Pay or Google Pay.
Bank reconciliation shortens the time spent searching for each transfer manually. Fawtar reads a CSV statement and suggests clear matches with open invoices, and does not record any payment before you review and approve it.
Available on BusinessRead the step-by-step guide (Arabic)
What do you get?
Accurate suggestions
It matches the amount and reference with open invoices and displays the reason for the suggestion.
Review before recording
No transactions are approved automatically; you choose the correct matches first.
Unified payment record
Approved payments enter the same collection record and update invoice balances.
How does the feature work?
- 1
Upload the statement
Export the bank statement from the bank in CSV format and upload it to Fawtar.
- 2
Review suggestions
Compare the amount, date, and reference with the candidate invoice.
- 3
Approve the match
Record the transfer as a payment and issue its receipt while updating the remaining amount.
Suitable for this business
- Daily bank transfer tracking
- Monthly collection closure
- Deliver a clear record to the accountant
Frequently asked questions
Does Fawtar record payments automatically without review?
No. It only displays reconciliation suggestions, and you must review and confirm each payment before recording it.
What bank statement format is required?
The matching tool uses a CSV file that you can export from your bank system or convert your statement to.
What happens after approving the match?
The transaction is added to the payment record and updates the invoice status, its paid amount, and remaining balance.
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