GroupIT can read in and reconcile ledger debits to ledger credits from any suspense account, control account or inter-company account held in any external ledger system.

Debits and credits (payments and receipts) can be displayed on screen in a linear format or segregated, grouped and sequenced as the operator chooses.

Simple data selection facilities allows the operator to select and instantly group all items with the same field value such as transaction date, reference, transaction type or description.

The built-in functionality allows transactions to be displayed in amount order and coloured according to whether they are payments or receipts, making manual matching straightforward where this is required.

Reconciliation statements can be customised to reflect an appropriate summary of each account.