Credit Card Statement Reconciliation - Automatic, No Manual Excel
ishiwise matches your credit-card statement or bank export to the invoices already collected in the system - automatically. Upload the Excel file from your bank or card issuer, and the system cross-references every transaction against the matching document, flagging exactly which charges still have no invoice.
Instead of going line-by-line through Excel before sending it to your accountant, ishiwise automatic invoice collection has already collected your invoices - and statement reconciliation completes the picture: every transaction gets its document, and every charge without a receipt jumps out at you. So you deduct VAT on everything and never miss a deductible expense.
What you get from reconciliation
- Instant identification of credit-card charges with no invoice or receipt - the expenses you might otherwise miss.
- Automatic cross-referencing against invoices ishiwise already collected from email, WhatsApp and upload.
- Support for credit-card statement files, bank account Excel exports, and expense-archive exports from accounting software.
- Fast manual matching for transactions not matched automatically.
- A complete picture before your monthly accountant report - no surprises.
How statement reconciliation works
- 1 — Download your transaction list from your bank or card issuer as an Excel (.xlsx) file.
- 2 — Upload it to the "Statement Reconciliation" screen in ishiwise - one drag.
- 3 — The system reads the file with AI, identifies the transactions, and cross-references them against the invoices already collected.
- 4 — You get a reconciliation table: what matched automatically, and what is missing a document - with one-click manual matching.
Why it matters for your business
Every credit-card charge without an invoice is VAT you did not deduct and an expense that was not recognized. Reconciling the statement against collected invoices closes that gap automatically - instead of an exhausting manual check at month end. It is the layer that connects invoice collection to full accounting accuracy.
Frequently Asked Questions
What is credit card statement reconciliation?
Credit card statement reconciliation is the process of cross-referencing your credit-card (or bank) transaction list against the invoices and receipts you collected, to make sure every charge has a matching document. ishiwise does it automatically: upload the Excel file and the system matches each transaction to the right invoice and flags the missing ones.
Which files can I upload?
Excel (.xlsx or .xls) transaction files from card issuers (Visa, Mastercard, American Express, etc.), bank account statements from Israeli banks, and expense-archive exports from accounting software. The system reads the structure automatically with AI.
What happens to a charge with no invoice?
It is clearly flagged as "missing document," so you know exactly which expenses are missing an invoice - before you close the month and send it to your accountant.
Is matching fully automatic?
Most transactions are matched automatically by amount, date and vendor. For any that remain, one-click manual matching is fast and simple.
How does it connect to invoice collection?
ishiwise already collects your invoices from email, WhatsApp and manual upload. Statement reconciliation uses that same invoice pool to match against - so there is no duplicate work.