C O I N T A B

Tally Solutions Pvt. Ltd. is a multinational tech company known for its excellence in developing enterprise resource planning (ERP) software tailored for small and medium businesses. Their innovative solutions aim to streamline and enhance operational efficiency.

Cointab’s Reconciliation software offers a solution to the challenges of maintaining a clear audit trail in manual ERP systems, particularly when website information isn’t integrated. By automating the reconciliation process within your ERP, Cointab Reconciliation eliminates manual errors and streamlines operations.

For online retailers, incorporating a seamless payment gateway into your website is essential. However, integrating payment data and website reports with an ERP framework can be complex. Our software simplifies this by automating data integration, seamlessly connecting your ERP with payment gateway and website reports. It generates a reconciliation report, verifying payment accurately with your ERP system, payment gateway partner’s report, and website report, checking discrepancies and missing payments.

ERP with Website

In this case, all the reconciled and unreconciled transactions present in the ERP reports and Website reports are cross-checked with each other to get an accurate overview.

Found and Reconciled with Website Report

These transactions are found and reconciled with the website report and ERP reports.

Less Amount Recorded in Website Report

Here, the amount present in the website report is less than the amount present in the ERP report.

More Amount Recorded in Website Report

In this case, discrepancies were identified when the amount recorded in the website report was more than the amount in the ERP report.

Not Found in Website Report

Here, transactions present in ERP are not found in the website report.

Cancelled Transactions:

These transactions are present in the ERP reports but have been cancelled.

Website with ERP

Found & Reconciled in ERP 

The transactions are found and reconciled with the ERP reports and the website reports.

Less Payment recorded in ERP

Discrepancies were identified since the amount present in the ERP reports is less compared to the amount present in the website report. 

More Payment recorded in ERP

In this case, discrepancies were noticed as the amount present in the ERP report is more than the amount present in the website report.

Not found in the ERP report.

Transactions are present in the website report but not reflected in the ERP report.

Cancelled Transactions

Transactions present in the website reports have been cancelled.

ERP with Payment Gateway

The software here cross-checks the ERP reports with the Payment Gateway report. This shows you the comparison of your transactions with the Payment Gateway reports and ERP reports.

Found & Reconciled in Payment Gateway

These transactions are found and reconciled with Payment gateway reports.

Less amount recorded in Payment Gateway

Discrepancies were noticed when the amount recorded in the Payment gateway reports was less compared to the amount present in the ERP reports.

More amount recorded in Payment Gateway

In this case, discrepancies were identified when the amount present in the payment gateway report was more than the amount present in the ERP reports.

Not found in the Payment gateway

Transactions that are not found in the payment gateway report but are present in the ERP reports are recorded here.

Cancelled transactions

These are the transaction reports that are cancelled but are still recorded in the ERP reports.

Payment Gateway with ERP

Found & Reconciled in ERP

Here we can see the transactions that are found and reconciled with the ERP system.

Less Payment recorded in ERP

Discrepancies were identified when the amount present in the ERP reports was less compared to the amount present in the payment gateway report.

More payments recorded in ERP

In this case, discrepancies were noticed as the amount present in the ERP reports is more than the amount present in the Payment gateway reports.

Not Found in ERP Report

Transactions are not found in ERP reports but are present in Payment Gateway reports.

Cancelled Transactions

Transactions present in the Payment Gateway reports have been cancelled from the customer end.

Trust Cointab Reconciliation for seamless integration of your ERP, Payment Gateway, and Website reports, ensuring efficient verification of transactions for an accurate data overview. Empower your finance teams to effortlessly validate payments from the gateway partner and efficiently track website orders. This automated process safeguards against missed payments, relieving your finance teams from manual reconciliation tasks. Elevate productivity and efficiency with Cointab Reconciliation’s advanced workflow and automated features.

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