Product
The books
Journal entries and general ledgerFinancial statementsMonth-end and year-end close
Daily operations
Accounts payablePayrollFixed assetsBanking and reconciliation
Compliance
SAT complianceCFDI invoicingAudit and control
Who it’s for
For the accountantFor the general managerFor the ownerFor hotel groups
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Banking and reconciliation

Your bank statement against your books, with matches already suggested.

You paste in the transactions from your bank statement and Containn suggests matches by amount and date: money going out against supplier payments, and money coming in against OTA payouts. You confirm. Anything that matches nothing is recorded as an expense, with its journal entry.

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Reconciliation · Account 4421
Bank statement
18 sepCard terminal deposit31,240.00
19 sepSupplier payment-14,500.00
20 sepBank fee-312.40
Books
18 sepCard collections31,240.00
19 sepPayment · Laundry-14,500.00
No entry—
MatchedMatchedRecord as expense
Track record
Part of R2 OS, the hotel operations platform
First place worldwide in UN Tourism’s rural tourism program
Case study at IE University, Madrid
Operating in twelve countries, from London to Patagonia

How it works

1

Add your accounts

The hotel’s bank accounts.

2

Paste in the bank statement

The period’s transactions: date, description and amount.

3

Confirm the matches

Supplier payments and OTA payouts suggested by amount and date; you decide.

4

Check the tie-out

Balance per bank against balance per books.

What’s included

  • Setup of the hotel’s bank accounts.
  • Import of bank statement transactions, pasted in as date, description and amount.
  • Reconciliation suggestions by amount and date: money going out against supplier payments, and money coming in against OTA payouts. You confirm.
  • Reconcile, unreconcile and ignore a transaction, each action logged.
  • Record a bank transaction directly as an expense, with its journal entry, when it doesn’t match anything already entered.
  • Account tie-out: balance per bank against balance per books.

The limit

There’s no automatic bank feed: transactions are pasted in from the bank statement. And the suggestions cover supplier payments and OTA payouts; everything else is reconciled by hand. When that changes, we’ll say so here.

Related articles

Banks and reconciliationPaste the bank statement, confirm what Containn suggests against supplier payments and OTA deposits, and tie the bank out to your books.Bank reconciliation suggests nothingWhy a bank statement line shows no matches in Bancos, what Containn looks for to suggest one, and what to do with lines that get no suggestion.

Frequently asked questions

Can’t find the answer? Message us on WhatsApp +52 222 813 7952

Does Containn connect directly to my bank?

No. Transactions are pasted in from the bank statement. A direct connection is under evaluation.

What do I do with a bank fee nobody entered?

Record it as an expense right from the transaction, and it gets its journal entry.

Keep exploring

Accounts payableThe supplier invoice, with its creditable VAT (IVA) where it belongs.Month-end and year-end closeA closed month is a month that no longer changes.Financial statementsIncome statement, balance sheet and trial balance, from the general ledger.

Start with yesterday.

If your hotel already signs off on its night audit, Containn can post yesterday today. The chart of accounts is set up in one step, the transaction code mapping is done once, and from then on every signed-off day becomes a journal entry.

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