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RecHound

By RecHound
5 out of 5 stars
Free trial available
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Balance Sheet Recs made easy! Clear transactions mid-month and store your reconciliations safely in the cloud. Roll forward with a single click!
Rated
5.0
out of 5
Reviewed by
9
Xero users
Try this app
Free trial
available
Listed for
2 years
May 2023

Overview

RecHound is a reconciliation management tool that integrates directly with Xero to streamline and standardise the month-end balance sheet process.

It replaces spreadsheet-based reconciliations with a cloud platform built specifically for accounting and bookkeeping workflows. Every account, every balance, and every supporting document is in one place - always up to date and easy to follow.

Key features: Live Xero integration

RecHound pulls balances directly from Xero and refreshes hourly. You can manually sync on demand for real-time updates. No CSV exports or copy-pasting required.

Automatic account coverage

Every balance sheet account in your Xero file is imported and tracked. New accounts are detected automatically, ensuring full month-end coverage and preventing missed recs.

Transaction-based and manual support

Users can reconcile balances using live transactions pulled from Xero (ideal for clearing, suspense, or payroll accounts), or add manual support with documentation (e.g. schedules, statements, contracts).

Integrated documentation

Supporting files can be uploaded directly to each workpaper. This keeps audit evidence attached to the source and eliminates disconnected folders or Google Drive links.

Approval workflows and review history

Each reconciliation has a clearly defined lifecycle - from preparation through to review and lock-down. Changes are logged, and balances that change after approval trigger alerts and require re-submission.

Roll-forward logic

Reconciliations can be carried forward month to month, retaining prior support where appropriate. This reduces repeated work while maintaining transparency and auditability.

Multi-entity support and intercompany clearing

Firms managing multiple Xero orgs can switch between clients or entities easily. Each org is handled as a separate dataset, with its own full reconciliation history. Intercompany accounts can be created and cleared in just 1 click.

Intended users:

RecHound is designed for:

  • Bookkeepers managing multiple clients
  • Internal finance teams performing month-end reconciliations
  • Accounting firms preparing workpapers for review or tax compliance

It is particularly useful for teams currently using spreadsheets, Google Sheets, or PDF workpapers - and looking to consolidate their process in one secure, purpose-built environment.

More info at rechound.com

RecHound
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RecHound + Xero

Pull your monthly trial balance directly from Xero, and ensure that all accounts are up to date when performing your balance sheet reconciliation process.

Xero provides RecHound with all transactions from within every account, ensuring that you can reconcile your transactions within RecHound for any account with 100% accuracy.

Reviews & ratings

5.0 out of 5 stars
9 Reviews

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Most recent reviews

MH
Mark Harrison
Posted 24 Oct 2024
5 out of 5 stars

Good reconciling tool

Simple and easy to use reconciliation tool for balance sheet accounts
TS
TAM Support
Posted 13 Jun 2024
5 out of 5 stars

No more spreadsheets!

With large clients who use 3rd party ERP integrations to Xero we have been looking for something to replace manual, spreadsheet based reconciliation processes for years. RecHound did not disappoint! We recommend this to all of our Xero clients to streamline end of month reconciliations and to simplify collaboration and support. The team at RecHound are incredibly helpful and a pleasure to deal with. 5 stars is not enough. RecHound is a game changer!

Response from RecHound

Thanks Ziska - you've been so crucial in our development and we thank you so much for giving us a shot as a beta tester all the way back in the beginning! May your recs forever be cloud-based :P
EG
Eliza Gard
Posted 8 May 2024
5 out of 5 stars

Saves us so much time!

This app was exactly what we were looking for to simplify our monthly balance sheet reconciliations - definitely recommend. Looking forward to each new update as more features are added :)

Response from RecHound

Thanks Eliza! Great to hear you're enjoying RecHound and thanks for leaving the feedback :)

Additional info

Shared data

Xero
RecHound
Accountsshared from Xero to RecHound
Usersshared from Xero to RecHound
Tracking Categoriesshared from Xero to RecHound
Receiptsshared from Xero to RecHound
Paymentsshared from Xero to RecHound
Manual Journalsshared from Xero to RecHound
Journalsshared from Xero to RecHound
Invoicesshared from Xero to RecHound
Credit Notesshared from Xero to RecHound
Bank Transfersshared from Xero to RecHound
Bank Transactionsshared from Xero to RecHound

Functions

ReportingAccountant tools

Industries

Professional servicesHospitalityAccounting

App details

By RecHound
Added in 2023

Countries

Australia, Canada, Global, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States

Languages

English

Support

Setup walkthroughContact supportinfo@rechound.com

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Try RecHound for free

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