How to upload your bank statements on Swipe?
Step 1: Go to “Payments”.
On the left of Swipe dashboard click on "Payments" & select “Bank reconciliation”.
Step 2: Select Import Statement.
Click on the Import Statement from the top right corner of the bank reconciliation page.
Step 3: Upload bank statement.
An upload statement pop up appears and select the downloaded bank statement to upload it. Proceed by clicking "Next".
Step 4: Select date range & bank account
Now, date range is automatically fetched from statement, you can select bank and change the statement name. Proceed by clicking "Next".
Step 5: Confirm your bank statement
Click on “Confirm” button to accept the statement.
A new reconciliation page will appear with details containing bank statement transactions on the right and Swipe payments on the left.
How to link Swipe payments with Bank statements?
Step 6: Carefully link all your Swipe payments with bank statements.
To link, simply select similar transactions from Swipe payments and as well as your bank statements and click on “Link” button.
Similarly link all your Swipe payments transactions with your bank statement. Keeping in mind the aspects like transaction amount, transaction date, party (customer/ vendor).
All Link statements will be shown on "Linked statement" tab.
Step 7: For additional transaction create payments.
If in case there are remaining transactions, in bank statements, add those payments by selecting the transaction from bank statement and clicking on “create payment” button.
and you can skip your unlinked statements which will appear on "Skipped" Tab.
Step 8: Click on “Save” to complete bank reconciliation process.
Bank reconciliation is successful.
Note: Once the Swipe payments have been reconciled, you cannot edit the particular payments on Swipe.