Bank and reconciliation: your bank transactions, sorted and matched to your payments and expenses
Connect your bank account in read-only mode and Remotjob brings in its transactions on its own every 6 hours, sorts them by category and matches them to the supplier payments and expenses you already recorded. Whatever nothing supports stays in plain view. The connection can never move money.
The bank statement and your records rarely say the same thing
Every month-end someone compares the statement with invoices, payments and receipts, line by line, only to find a charge nobody can explain. Bank and reconciliation brings the transactions in on its own, sorts them by category and shows you what is backed up and what is not, so reconciling becomes a short review instead of a search.
From bank to reconciliation, in five steps
The connection is read-only: the system looks at your transactions and can never start one.
1
Connect your bank in read-only mode
Remotjob enables the connection for your organization and whoever administers it pastes the read-only token on the screen itself. It is stored encrypted and never shown again; rotating it means pasting the new one over it.
2
Transactions arrive on their own
Synchronization runs by itself every 6 hours. Accounts and transactions update without duplicating, and for each account only the last 4 digits of its number are stored.
3
They are sorted by category
Rules by counterparty or description assign each transaction to an expense category. Your organization’s own rules take priority over the general ones, and a category you set by hand is never overwritten.
4
Reconcile with payments and expenses
Outgoing transactions with no payment attached appear with a suggested supplier, and one click turns them into a Procurement payment. Company-paid expenses in Expense reports are matched to the bank outflow by amount, date and merchant similarity.
5
Review what nothing supports
Remotjob lists the bank charges that no expense, reimbursement, supplier payment or purchase invoice supports. With one click you create the expense from that charge and attach the missing receipt.
What it includes
Read-only bank connection
Accounts and transactions from the connected bank, synchronized on their own every 6 hours. Only the last 4 digits of each account are stored and the connection can never start an operation.
Classification by category
Each transaction falls into an expense category according to rules by counterparty or description. You can add your own rules, correct a category by hand and re-apply the rules to what has already been imported.
Reconciliation with supplier payments
Outgoing transactions with no payment attached are suggested with their supplier (by bank alias, the tax ID in the description or the name) and turned into a payment with one click, applied to the oldest invoices. The supplier learns its alias.
Reconciliation with expenses and reports
Each company-paid expense is matched to the bank outflow with a match score. Linking them takes one click, and a bank transaction backs at most one valid payment or expense.
Charges without support
The list of bank charges that no document supports, with the option to create the expense from the charge.
Reconciliation status per transaction
Each bank transaction is left with no document, partially backed or reconciled, depending on the purchase documents that support it.
Spend report by category
The period’s spend by category, to see where the organization’s money goes according to the bank.
Feeds Treasury
Connected accounts add to your cash position and the transactions form the historical actuals of monthly inflows and outflows.
Bank access with no risk of money moving
The connection’s security is designed so that the worst a token can do is let someone look at transactions, never create them.
The connection is read-only: the system has no write path to the bank and can never move money.
The token is stored encrypted, is never shown again or sent to the browser, and only whoever administers the organization can load or rotate it.
The full account number is not stored: only the last 4 digits.
Each organization sees only its own accounts and transactions; the screen only reads and the server does the writing.
Re-syncing the same period updates transactions and never duplicates them, and every synchronization is logged.
What it is and what it is not
It is a read connection and a reconciliation tool. It is not a bank or a payment method: it does not start transfers or pay anything.
The automatic connection works with the banks Remotjob has integrated; the Integrations page shows which ones.
Classification and supplier or expense suggestions are proposals: a person confirms every link.
Reconciliation matches transactions with documents you already recorded in Remotjob; it does not create accounting by itself.
Frequently asked questions
Can Remotjob move money out of my account?
No. The connection is read-only and the system has no path to write to the bank: it only sees accounts and transactions.
How often are transactions updated?
Synchronization runs on its own every 6 hours. If the same period is brought in again, transactions are updated and not duplicated.
Who connects the bank and where is the token stored?
Remotjob enables the connection and whoever administers your organization loads the read-only token on the screen itself. It is stored encrypted and is not shown again.
What about a bank charge I do not recognize?
It shows up in the list of charges without support. From there you can create the expense with one click and attach the missing receipt, or record it as a supplier payment.
Which banks does it work with?
The automatic connection is available with the banks Remotjob has integrated. The Integrations page shows which are available today.
Turn reconciliation into a short review
Tell us how you reconcile your bank today: we will show you how your transactions, categories and charges without support would look in Remotjob.
