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BankAutomation

Cash reconciliation software and automated cash reconciliation for banks and credit unions

BankAutomation reconciles the cash accounts a bank actually carries: vault and branch cash, ATM and recycler cash, Federal Reserve cash orders and deposits, armored carrier shipments in transit and the due from balances at your correspondents. Each source is matched to the general ledger every business day, the expected timing differences clear by rule, and the rest land in one worklist with an owner and an age. Plans are published from $1,200 a month.

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Visa / Mastercard / ATM · value date 03 sep 2026

Card settlement vs ledger, sample data

Match rate

80.0%

Breaks

3

At risk

$1m

Oldest

3d

Date ±1d
Amount

This console matches the first rows a side. It left out statement and ledger . Nothing in the rows left out is counted below. To run a full file, .

BRK-001

Aged 0d

$918,442.05

2026-09-03 · both sides

SETTL/MC/0903 · MASTERCARD SETTLEMENT

Amount differs by 442.05 USD

Post the 442.05 USD difference as a deducted charge and add the fee to the standing accrual for this counterparty.

FEE NOT ACCRUED

→ Finance

BRK-002

Aged 3d

$86,340.20

2026-08-31 · ledger

REFUND/BATCH/7781/R · REFUND SUSPENSE

Posted in the ledger, not on the statement

Trace the posting to its instruction, repair the reference and re-present it, or reverse it if the payment was returned.

MISSING REFERENCE

→ Payments Ops

BRK-003

Aged 0d

$27,905.62

2026-09-03 · statement

INTCH/FEE/0903 · SCHEME INTERCHANGE FEE

On the statement, nothing in the ledger

Post 27,905.62 USD to the charges account for the period and add it to the standing accrual so it stops surfacing as a break.

FEE NOT ACCRUED

→ Finance

Everything matched under these tolerances.

Tighten the date or amount tolerance to see the breaks it was absorbing.

Scheme settlement file

Visa / Mastercard / ATM

Value date Reference Amount
2026-09-02 SETTL/VISA/0902 1,942,318.44
2026-09-02 SETTL/MC/0902 864,207.10
2026-09-03 SETTL/VISA/0903 2,105,660.85
2026-09-03 SETTL/MC/0903 918,442.05
2026-09-03 CHGBK/VISA/44120 12,480.00
2026-09-03 INTCH/FEE/0903 27,905.62
2026-09-02 ATM/INTERCHANGE/0902 41,220.75
2026-09-01 SETTL/AMEX/0901 233,915.40
2026-09-03 REFUND/BATCH/7781 86,340.20
2026-09-02 ATM/CASH/0902 158,700.00

Core banking postings

Settlement account

Value date Reference Amount
2026-09-02 SETTL/VISA/0902 1,942,318.44
2026-09-02 SETTL/MC/0902 864,207.10
2026-09-03 SETTL/VISA/0903 2,105,660.85
2026-09-03 SETTL/MC/0903 918,000.00
2026-09-03 CHGBK/VISA/44120 12,480.00
2026-09-02 ATM/INTERCHANGE/0902 41,220.75
2026-09-02 SETTL/AMEX/0901 233,915.40
2026-09-03 REFUND/BATCH/7781 86,340.20
2026-08-31 REFUND/BATCH/7781/R 86,340.20
2026-09-02 ATM/CASH/0902 158,700.00
Matched pairs are tinted on both sides. Breaks carry the brass left rule and appear in the worklist.

Sample data only. Matching runs in your browser; classification is written by the model when you press Run. Matching done in your browser. Writing classifications… Classifications written by the model on this run. Decision support, not a compliance determination. The classification model was unavailable, so the built-in rule classifier wrote these. Same matching, same numbers. This console classifies up to 12 runs a minute and this run went over, so the built-in rule classifier wrote these. Same matching, same numbers. Wait a minute for the model, or . The model wrote the first 8 classifications. The rule classifier wrote the rest ().

Open the full resolver

What cash reconciliation software has to do

The checks to run in every demo

Any tool can match two clean balances. These decide whether your cash team gets its mornings back and your auditor signs off.

01

Every cash GL, its own evidence

Vault, ATM, in transit, Fed and due from accounts each reconcile to their own source, not one combined balance.

02

Timing windows by rule

Carrier routes, Fed pickups, ATM cutovers and value dates clear across windows you approve, so expected items never reach the queue.

03

Shipments followed end to end

Booking, manifest, credit and count adjustment are linked, so a short count shows up as a short count.

04

Owned, aged differences

Each open item has an owner, a reason code and an age from its value date, with policy limits on top.

05

Rule changes with approval

Operations proposes a window or tolerance, a second person approves it, and each match records the rule version.

06

Certification evidence

Daily matches and sign offs export for monthly cash and due from certification, audit and exams.

The short answer

Cash reconciliation software for a bank proves, every business day, that each cash and due from account in the general ledger agrees with independent evidence: the Federal Reserve statement of account for cash orders and deposits, carrier manifests for cash in transit, ATM and recycler totals for machine cash, and correspondent statements for due from balances. Automated cash reconciliation does the matching itself, clears timing differences by rule, and leaves your team a short list of real differences to work.

Most products sold as cash reconciliation software were built for something else. Some match a company's operating bank account to its ERP at month end. Others tie restaurant and hotel register counts to store deposits. A bank is the other side of that deposit, and its cash accounts move on settlement cycles, cut offs and carrier schedules that a corporate close tool does not model.

Which cash accounts a bank has to reconcile

At a community bank or credit union, "cash and due from banks" on the call report or 5300 is several ledgers, each with its own external evidence and its own way of breaking.

GL accountEvidence it is matched againstCadenceWhat usually breaks
Vault and branch cash End of day vault and teller totals from the teller system, cash shipped and received Daily Shipments booked on the wrong day, branch to branch transfers posted on one side only
ATM and ITM cash Machine settlement and replenishment records, network settlement Daily per terminal Replenishment counted after the cutover, dispense errors, deposits held for review
Cash in transit Armored carrier pickup and delivery manifests Per shipment Shipment received a day after it was booked, short or over count on arrival
Fed cash orders and deposits Federal Reserve statement of account and FedCash activity Daily Deposit credited for a different amount after the Reserve Bank count, order and pickup on different days
Due from correspondent banks Correspondent statements, MT940 or camt.053 Daily Correspondent fees netted, value date versus booking date, items not yet posted
Cash over and short Teller and branch over and short reports Daily, reviewed monthly Small differences cleared with no owner, the same drawer recurring week after week

Swipe the table sideways to read every column.

Each line is a separate reconciliation with separate evidence. Rolling them into one month end tick mark is where aged differences hide.

Why bank cash rarely ties on the first pass

Physical cash moves on a schedule that is not the posting schedule. A branch books a shipment to the Fed when the carrier picks it up, the Reserve Bank credits the deposit on the day it receives it, and if its count differs from what you declared, an adjustment follows later. FedCash orders placed before the servicing Reserve Bank's deadline, 12:00 p.m. local time since October 2020, are available for pickup the next day only if a carrier is scheduled, so the order, the account entry and the cash arriving in your vault can fall on three different dates.

ATMs add their own timing. A replenishment counted at 3 p.m. against a 6 p.m. network cutover means the terminal's cash GL and the settlement for the same day describe different windows. Deposit taking machines hold items for review. Teller cash recyclers balance their own cassettes, but the recycler total still has to tie to the branch cash GL, and a manual buy or sell between the recycler and the vault is easy to book once.

None of these differences is a loss. They are timing. The cost comes when a spreadsheet treats them the same as a real shortage, so a reconciler spends the morning clearing forty expected items and the one real difference sits until month end.

What automated cash reconciliation should do

Ask every vendor to run these on your own files. A product that only does the first one leaves the rest of your cash in Excel.

Step 01

Tie each cash GL to its evidence

Vault, ATM, in transit, Fed and due from accounts each matched to their own source, by amount, date window and reference, not just a closing balance.

Step 02

Clear timing by rule

Shipments in transit, next day pickups, ATM cutovers and correspondent value dates matched across a window you define, so expected differences never reach the queue.

Step 03

Follow a shipment end to end

Branch booking, carrier manifest, Fed or vendor credit and any count adjustment linked as one chain, so a short count is visible as a short count.

Step 04

Age every open item

Every difference carries an owner, a reason code and an age from its value date, and items past your policy limit rise to the top.

Step 05

Keep the evidence

Daily matches, overrides and sign offs export for the monthly certification of cash and due from, for internal audit and for your examiner.

Cash reconciliation software compared for banks

Several products in this category serve completely different buyers. The table separates bank-side tools from corporate and retail ones so you do not demo the wrong thing.

ProductBuilt forBank cash accounts coveredPricing
BankAutomation US banks and credit unions reconciling settlement and cash accounts daily Fed, ATM, carrier in transit, vault GL, due from, suspense Published: $1,200, $3,900, $9,500 and $14,900 a month
ReconArt Community banks and credit unions wanting recs plus close modules Bank and GL reconciliation, configurable sources Quote. ReconArt states an average annual cost below $50,000 for credit unions
Trintech ReconNET Credit union and community bank daily matching Branch teller cash, ATM settlement, Fed, ACH, share draft Quote only
Trintech Frontier Large banks with high volume reconciliation Broad, configured per account Quote only
BlackLine Corporate month end close and certification Operating bank accounts to the ERP Quote. Vendr median $40,125 a year across 74 purchases
Numeric, HighRadius Corporate accounting teams on an ERP Company bank accounts to the ledger Quote
Evention Cash Recon Hotels, restaurants, retail and entertainment Register and drawer counts to store deposits, not bank GLs Quote

Swipe the table sideways to read every column.

Positioning and prices as published by each vendor or a named benchmark, checked October 2026. Confirm current terms before you budget.

If you run Trintech today, the Frontier Reconciliation software and ReconNET alternative pages map those products line by line, and the reconciliation software comparison for banks puts 16 platforms side by side on price.

Who buys cash reconciliation software

  • Controllers at community banks and credit unions who certify cash and due from every month and want the daily matches to be the evidence.
  • Branch and cash operations managers who reconcile vault, carrier and Fed activity by hand and keep finding the same shipment differences.
  • ATM and card operations teams whose terminal cash GLs drift between replenishment and network cutover.
  • Deposit operations heads at regional banks with several correspondents and a due from reconciliation that still lives in a workbook.
  • Institutions answering an exam or internal audit finding on stale reconciling items in cash or due from accounts.

A worked example from a cash shipment to the Fed

Input

Branch cash shipment against the Federal Reserve statement of account

  • Branch 04 shipment to Reserve Bank · booked 2026-09-14 · 186,000.00 USD
  • Fed statement of account, cash deposit credit · 2026-09-15 · 185,900.00 USD

Output

Worklist item with a cause and an owner

  • Matched across the in transit window the one day gap between booking and credit is expected for this carrier route.
  • Count difference 100.00 USD short against the declared deposit, no adjustment notice matched yet.
  • Routed to Cash Operations with the carrier manifest and the shipment reference, aged from 2026-09-15.

The one day timing gap clears by rule. Only the 100 dollar count difference needs a person, and it arrives with the documents needed to chase it. The resolver at the top of this page shows the same behavior on sample card and ATM settlement data.

Cash, BSA and the reconciliation trail

Cash reconciliation is also where compliance questions start. Currency transactions over $10,000 require a Currency Transaction Report under the Bank Secrecy Act, and examiners expect cash movements on the books to be explainable end to end. A clean daily reconciliation does not replace your BSA monitoring, but a vault or branch that never ties makes every later question harder to answer. Reserve requirements have been zero since March 2020, so the pressure on vault cash is no longer a reserve calculation. It is accuracy, loss prevention and audit.

Getting cash reconciliation live

Nothing about how your branches handle cash has to change. The rollout reads files and reports your teller system, ATM network, carrier and the Fed already produce.

Step 01

List the cash GLs and owners

Vault and branch cash per location, ATM cash per terminal group, cash in transit, Fed account, each due from account, and cash over and short. Give each one an owner.

Step 02

Load what you already receive

Teller system end of day totals, ATM settlement and replenishment records, carrier manifests, the Fed statement of account and correspondent statements.

Step 03

Write the timing rules

In transit windows per carrier route, ATM cutovers, Fed order and pickup gaps, correspondent value dates. Each rule is approved by a second person.

Step 04

Run a month side by side

Include a month end and a holiday weekend, compare open items against your current workbook, then switch.

What BankAutomation costs and what it covers

Pricing is published. Operations is $1,200 a month for 250,000 items and three sources, enough for cash, Fed and one correspondent at most community banks. Platform is $3,900 a month for 2,000,000 items, unlimited sources, SSO and maker-checker approvals. Institution is $9,500 a month for multi-entity groups, and Enterprise is $14,900 a month for private or VPC deployment. Annual billing halves each monthly rate. Every plan is on the pricing page.

Cash is rarely the only daily reconciliation. The same workspace runs ATM reconciliation software per terminal, Federal Reserve account reconciliation software for the statement of account, correspondent bank reconciliation software for due from balances and suspense account reconciliation software for anything that needs an owner and an age. Teller drawer balancing stays in your teller system, postings stay in your core, and nothing in the platform moves money.

The resolver above runs on sample USD settlement data. It stores nothing you paste into it, so you can judge the matching before you talk to anyone.

Questions about cash reconciliation software for banks

What is cash reconciliation software?

Cash reconciliation software matches the cash accounts in your general ledger to independent evidence, such as bank or Fed statements, carrier manifests and machine totals, and reports the differences. For a bank it covers vault, ATM, in transit, Fed and due from accounts every business day, clears timing differences by rule and routes the rest to an owner.

What is the difference between cash reconciliation and bank reconciliation?

Bank reconciliation compares one bank account statement to the ledger. Cash reconciliation is wider: it covers every place cash sits, including physical cash in vaults, branches and ATMs and cash moving with a carrier. A bank needs both, because its physical cash and its due from balances are separate GL accounts with separate evidence.

How do banks reconcile vault cash?

Banks reconcile vault cash by tying the vault GL to the end of day vault count in the teller system, then matching every shipment in and out against carrier manifests and Fed or vendor credits. Differences are classified as timing, count or posting errors, assigned to an owner and cleared before the monthly certification of cash.

Can cash reconciliation be automated?

Yes. Automated cash reconciliation loads teller, ATM, carrier, Fed and correspondent files each day, matches them to the GL by amount, date window and reference, and clears expected timing differences by approved rules. People only review real differences, which usually cuts the daily queue to a handful of items.

How much does cash reconciliation software cost for a bank?

Most vendors quote. ReconArt states an average annual cost below $50,000 for credit unions and Vendr shows a BlackLine median of $40,125 a year. BankAutomation publishes its plans: $1,200 a month for 250,000 items and three sources, $3,900 for 2,000,000 items, and $9,500 for multi-entity institutions, with annual billing at half the monthly rate.

Does cash reconciliation software replace our teller system?

No. Teller drawer balancing and cash ordering stay in your teller and cash management systems. Reconciliation software reads their end of day totals and ties them, together with ATM, carrier, Fed and correspondent records, to the general ledger, so differences between systems are found the same day.

More banking automation pages

Every process line we cover, in one place.

Account reconciliation software Where the differences start, account by account. Bank reconciliation software Statement against ledger, MT940 and camt.053 native. Automated reconciliation software Match rates, tolerances, and what auto-match must never mean. Payment reconciliation software Instructed, settled and posted, reconciled three ways. Financial reconciliation software The same engine, framed for the finance team. ATM reconciliation software Cash, switch and network settlement, balanced daily. Credit union reconciliation software Corporate, share draft, card, ATM and shared branching. ACH reconciliation software Origination, receipt, returns and FedACH settlement. Federal Reserve account reconciliation Master account, FIRD, Fedwire and FedNow against the GL. Correspondent bank reconciliation Due from, due to and respondent settlement against the GL. Suspense account reconciliation Suspense and clearing accounts worked item by item, with an owner and an age. Frontier Reconciliation alternative What replaces each Frontier module when the upgrade quote arrives. ReconNET alternative What replaces each ReconNET workload at a bank or credit union, with pricing. Trintech Adra alternative What replaces Adra Matcher and Balancer at a bank or credit union, with pricing. Trintech Cadency alternative What replaces Cadency matching and reconciliation at a bank or credit union, with pricing. Accurate Reconciliation alternative What replaces Trintech Accurate matching and certification at a US bank, with pricing. SolveXia alternative What replaces SolveXia reconciliation at a US bank or credit union after the GTreasury deal, with pricing. OneStream reconciliation alternative When a US bank on OneStream should keep its Account Reconciliations solution, and when daily settlement matching belongs elsewhere. Modern Treasury alternatives When a US bank or fintech program needs reconciliation without adopting a new payment provider. Debit card reconciliation software Network settlement, interchange and disputes matched to the core every morning. Loan reconciliation software Loan subledger, payment clearing, escrow and investor remittances tied to the GL. AML compliance software Program workflow, evidence and cadence. Not a detection model. KYC automation software Onboarding and periodic refresh, queued and evidenced. AML software for banks What to ask, and what to refuse to buy. Compliance workflow automation Maker-checker, SLAs and evidence as a system property. BSA AML monitoring software Alert triage as a worklist, not a second inbox. RPA for banks Why screen-scraping bots break, and what replaces them. General ledger reconciliation software Sub-ledger to GL, and the suspense account nobody owns. Balance sheet reconciliation software Certification, sign-off and the quarter-end pack. ISO 20022 payment automation Structured data, repair rates and CBPR+ deadlines. Nostro reconciliation automation The most bank-specific reconciliation there is. Payment exception management Returns, rejects and unmatched payments owned, aged and closed.

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Put your first reconciliation on rails

Create an account, and we will email you how onboarding works and what a first source connection looks like. The Reconciliation Break Resolver is open to try right now, on sample data, without an account.

Run the demo

Creating an account with the button above needs no card; paid plans are paid on our payment processor's secure page. Sample data only in the demo. BankAutomation is operations software, not a regulated service.