Balance sheet reconciliation software starts with the programme: Tieoutly works it free
Every close, somebody takes a general ledger balance, finds the support that should equal it, explains the difference and gets it signed. Do that sixty times in five days and the programme, not the reconciliation, is what breaks. Tieoutly's free worksheet works that programme from your own account count, close window and review capacity, and Tieoutly Pro keeps it: every account, reconciliation, supporting schedule and sign-off against the record, branded and exportable.
Built for the reconciliation, not the whole close
Tieoutly proves the balance sheet account by account and leaves the close calendar, the flux analysis and the consolidation where they already are.
Tieoutly keeps the reconciliation programme a close is actually judged on
- Every account, with how often it is reconciled. The programme is not the reconciliations, it is the list of accounts and the rhythm each one is on. The free worksheet turns your account count and monthly share into the reconciliations this close actually owes, and Pro keeps the schedule so the answer is a record rather than last month's spreadsheet.
- Review capacity, counted before the close starts. Review is where a close backs up, because it lands on one or two people in the last days. The worksheet returns review hours per reviewer per close day from your own minutes and headcount, which is the number that tells you whether the plan was ever going to fit.
- Who prepared it, who reviewed it, and when. A reconciliation without a preparer, a reviewer and a date is an opinion. Pro keeps all three against the account and the period, so the evidence the auditor asks for in March exists in the form it was created in, not as a reconstruction.
The free tools
One free worksheet, no account: the balance sheet reconciliation checklist, which takes your account count, the share reconciled monthly, your close window and your preparation and review minutes and returns the reconciliations due, what each preparer carries, the preparation and review hours, and how many accounts have to clear each close day. It computes on the page and prints.
- Balance sheet reconciliation checklist: Work your close's reconciliation programme: what is due, what each preparer carries, the review load, and what has to clear each day.
Tieoutly Pro
The worksheet answered today's question. Pro keeps the answer: the reconciliation you just worked saved against the account it belongs to, re-opened next close instead of rebuilt, branded and exported for the auditor. Tieoutly Pro is $39 per month for the whole accounting team, billed monthly.
