LedgerMatch
Bank Reconciliation Software for Manufacturing Companies
Manufacturing companies have complex payment flows — large customer purchase order payments arriving by wire or ACH, raw material and component purchases from dozens of vendors, weekly payroll, and equipment financing payments. Each payment type has its own timing, description format, and ledger treatment that makes manual bank reconciliation time-consuming and error-prone. LedgerMatch matches every customer payment and vendor expense against your QuickBooks or Sage ledger in under 10 minutes.
Common reconciliation challenges for manufacturing businesses
- Large customer PO payments arrive via wire transfer with a bank description that may include only the customer's bank name, not their company name
- Raw material vendor payments post with truncated company names that don't match the full vendor name in QuickBooks or Sage
- Equipment financing payments and lease payments create month-end timing differences that are hard to reconcile manually
How LedgerMatch helps
- Fuzzy description matching handles truncated wire transfer descriptions and connects them to the correct customer invoice in QuickBooks
- Exception queue lets you manually match large wire transfers with notes on the customer PO number — annotated and included in the audit trail export
- 97% auto-match rate on routine vendor payments — manufacturing bookkeepers spend their time on the exceptions, not the routine matching
Industry note
Manufacturing companies using the accrual method must reconcile accounts receivable and accounts payable to bank deposits and payments monthly. LedgerMatch's clean bank reconciliation gives manufacturing bookkeepers the bank-side data needed to support monthly A/R and A/P aging reconciliation.
Common banking and accounting tools
- Wells Fargo
- Chase
- PNC Bank
- KeyBank
- Huntington Bank
- QuickBooks Online
- Sage 100
- NetSuite
- QuickBooks Desktop
Explore related resources
- Reconciliation for manufacturing businesses in New York
- Reconciliation for manufacturing businesses in Los Angeles
- Reconciliation for manufacturing businesses in Chicago
- Reconciliation for manufacturing businesses in Houston
- Reconciliation for manufacturing businesses in Phoenix
- Reconciliation for manufacturing businesses in Philadelphia
Install LedgerMatch
Choose the browser or spreadsheet workflow that fits your team.