Bank statement intelligence
Transforms raw statement rows into structured transactions while preserving the original narration and reference details.
Nyx turns repetitive reconciliation work into a review-first agentic workflow. The system reads bank statements, understands live accounting context, proposes the right treatment, and posts only after an accountant approves the entry.
| Date | Narration | Amount |
|---|---|---|
| 24/08 | NEFT-CR-HDFC0000123-SHAKTI STEEL TRAD-9834112 | 4,80,000 Cr |
| 24/08 | IMPS/P2A/224913/KKB GROUP/NO REF | 52,300 Cr |
| 24/08 | CHQ PAID-000432-SURYADEV ALLOYS PVT LTD | 9,60,000 Dr |
| 24/08 | ACH D-MEENAKSHI GROUP-AUTO DEBIT-0092 | 78,200 Dr |
Finance teams often spend hours converting bank narrations into accounting entries, identifying the right ledger, checking outstanding bills, and searching for duplicates. The work is repetitive, but the accounting judgment still matters.
This product combines AI-assisted classification with live TallyPrime context. It prepares the entry, explains the proposed match, and routes uncertainty to the accountant instead of silently guessing. The result is faster processing without removing financial control.
The agent imports the bank statement and extracts transaction date, narration, reference, debit or credit amount, and counterparty clues into a consistent working view.
| Date | Party clue | Type | Amount |
|---|
It checks actual ledgers, parties, open receivables, open payables, and available bill references before recommending how a transaction should be accounted for.
High-confidence recommendations are prepared for a quick review. Ambiguous, incomplete, or risky items are placed in an exception queue with the reason clearly shown.
| Party | Amount | Reason held |
|---|
Once an accountant confirms the recommendation, the approved receipt, payment, contra, or journal voucher can be posted to TallyPrime with a traceable record of the decision.
| Time | Actor | Action |
|---|
Transforms raw statement rows into structured transactions while preserving the original narration and reference details.
Suggests the most relevant live TallyPrime ledger using transaction context, party history, and accounting patterns.
Connects receipts and payments to open invoices or bills so the accountant can verify settlement before posting.
Surfaces missing references, uncertain matches, unusual values, and other items that need human attention.
Checks whether a transaction or voucher may already exist before allowing another posting action.
Records the proposed treatment, reviewer decision, corrections, and final posting outcome for every processed entry.
The workflow suits finance functions processing many transactions a day against a large ledger set — and still requiring a person to sign off before the books change.
Kalika, Gajkesari, and Polaad use this workflow to bring speed, context, and accountant control into bank reconciliation and Tally posting. We can configure the same foundation around your ledgers, rules, and approval structure.