Match Every Rupee — Eliminate Discrepancies
A Bank Reconciliation Statement (BRS) is the process of matching and verifying your company's cash book entries against your bank statement to identify and explain any differences. It is a critical monthly control activity that detects errors, fraud, duplicate entries, and unrecorded transactions before they snowball into larger problems.
Many businesses skip or delay BRS, only to discover discrepancies at year-end or during a tax audit. VITTAX performs systematic, thorough reconciliation across all your bank accounts, credit card accounts, and payment gateway settlements — ensuring your books always reflect the true cash position.
Our BRS service is available as a standalone engagement or as part of our broader bookkeeping or accounting packages, giving you flexibility based on your existing setup.
Who Needs BRS?
Our Process
Collect Bank Statements & Books [Day 1]
Obtain all bank statements and corresponding cash/bank book entries for the period.
Match Transactions [Day 1–2]
Line-by-line matching of every debit and credit between books and bank statement using our reconciliation tool.
Identify Differences [Day 2]
Flag outstanding cheques, deposits in transit, bank charges, interest credits, errors, and unrecorded items.
Prepare BRS Report [Day 3]
Formatted BRS statement explaining each difference with recommended corrective journal entries.
Pass Correction Entries [Day 3–4]
Post corrective entries in books and update the reconciled balance.
Documents Required
📅 Monthly Inputs
Pricing
Basic
₹999/month
Single bank account, up to 500 transactions
Ideal for: Sole proprietors, small businesses
Standard
₹1,999/month
Up to 4 accounts / payment gateways
Ideal for: SMEs, e-commerce, trading firms
Comprehensive
₹3,499/month
Unlimited accounts + catch-up reconciliation
Ideal for: Companies, multi-branch businesses
FAQs
How far back can you do catch-up BRS?
We can go back as far as needed — 1 month or 5 years. Catch-up pricing applies for past periods.
What if my books are maintained in Excel?
No problem. We work with any format — Tally, Zoho, Excel, or even physical records.
How soon do we get the BRS report?
Standard turnaround is 3–5 working days after receiving statements. Express (24-hr) service available.
⚡ What We Reconcile
Every rupee matched, every difference explained — audit-ready cash records delivered every month