How does bank statement reconciliation work in Zemam?
Your balance at the bank doesn't match the statement the bank sends you? Zemam gives you the solution: a complete record of every transaction and transfer that happens inside your system.
The idea in a minute
Import the bank statement, Zemam matches the items automatically, then you complete the remaining items and close the reconciliation.
The steps
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Import the bank statement
Import the bank statement (from Treasury → Bank statement reconciliation): choose the bank account and the period, upload the statement, and Zemam matches the two statements against each other.
Import statementBank statement reconciliation
Import bank statements and match them against system transactions
Bank account
NBE accountPeriod
July 2026Statement file
statement-07.xlsxBank reconciliation — import the period's statement - 2
Automatic matching
Zemam compares the statement's items using the amount, date, and reference, and shows you each item's status: fully matched, near-matched (shown as a suggestion awaiting your approval), or unmatched (which you resolve yourself).
Reconciliation session
Auto-matchBank statement
Incoming transfer — Al-Nour+25,000MatchedCheque #0038702+40,000SuggestedDebit — admin charges-350UnmatchedSuggested system matches
40,000MatchIncoming cheque — CHQ-000038
CHQ-000038
40,000MatchReceipt voucher — CV-000112
CV-000112
Matched: 14Suggested: 3Unmatched: 2The matching session — statement lines on one side, suggested system matches on the other - 3
Review the suggestions and match manually
For items Zemam suggests, you can match them manually by clicking the “match” button, or undo the match — with no accounting effect either way.
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A line with no document? Record it right there
Zemam gives you the “create a journal entry from the statement line” feature: you can add bank commissions, interest, and chequebook expenses by selecting the type, and the entry is recorded directly.
Create a journal entry from the statement line
Type
Bank feeAmount
350.00The entry posts and matches the line instantly — your books now agree with the bank to the last pound.
A line with no document? Create its entry from the same screen — a bank fee, say - 5
Finalize the reconciliation
Once you finish matching and need to close the statement for good, click “Finalize” — Zemam makes the statement read-only, and no further edits are allowed.
Why do it every month?
It helps you discover any fees or commissions the bank deducted that were never recorded.
You find out which cheques haven't cleared yet and which transfers weren't recorded, before the reconciliation is completed.
A completed, closed reconciliation means a trustworthy bank balance that's ready for review.
When did you last reconcile your bank statement?
Talk to us — we'll help you run your first reconciliation on your real data and see the difference yourself.