Clearing is a desktop bank reconciliation tool for bookkeepers, small firms, and owner-operators. It matches bank lines to your ledger, with every transaction approved before reconciliation.
“Clearing does not replace QuickBooks or Xero, nor, in my opinion, serve as an add-on for either. I see it as a solution for those keeping a general ledger in a spreadsheet who want to reconcile bank transactions to the actual bank statement.” (Murph)
Accounting Integrations
At present, Clearing does not integrate with QuickBooks or Xero.
You load a bank file and ledger export, in CSV or Excel, on your computer. Clearing matches what it can, you resolve mismatches, and nothing clears until you approve. Your corrections remain local and appear in the next month’s pass.
Clearing WorkbenchBenefits of Clearing
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Matches bank lines to the ledger that you approve.
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Runs locally; no servers, no cloud.
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AI makes the process easier.
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One list of mismatches that still need a person.
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Nothing is cleared until you approve.
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CSV or Excel from any bank, including accounts with no live feed.
Clearing Compare
Competitive Landscape
In the fintech market, QBO and Xero are accounting solutions offering built-in bank reconciliation tools and offer alternatives to Clearing.
Conclusion
If you do not use accounting software such as QuickBooks or Xero and typically download bank statements, Clearing can reconcile bank transactions with a ledger kept in a spreadsheet or other CSV or Excel source.
For More Information
Visit the Clearing webpage for details.
Contact Clearing at GreenBar Systems, 5353 N 16th Street, Suite 410, Phoenix, AZ 85016.
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