How does bank reconciliation work in Odoo Accounting?

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How does bank reconciliation work in Odoo Accounting?

Odoo Accounting software makes bank reconciliation straightforward by connecting to your bank feeds or allowing statement imports. The system automatically matches imported transactions against invoices, bills, and payments using smart algorithms that learn your patterns. Odoo Accounting features include reconciliation models for recurring entries like bank fees or interest, letting you set rules that auto-match these items. With Odoo Accounting GST, reconciled transactions correctly reflect tax postings. You can reconcile manually when needed, and Odoo maintains a complete audit trail of every matched and unmatched transaction for easy review.