From payment to bank statement to ledger — reconciled and translated
Approval-controlled payment runs, multi-tier bank reconciliation, and GL-derived cash forecasting — all tied to the ledger.
Everything Treasury & Banking handles
Approval-controlled payment runs
Build a payment run, auto-generate proposals from open invoices honoring early-pay discount dates, and require a second approver — a creator can never approve their own run.
GL posting with FX translation
Vendor and customer payments post balanced entries through clearing accounts, translating foreign documents to base currency and recognizing realized FX gain or loss on settlement.
Multi-tier bank matching
Statement lines clear against GL clearing lines by exact, tolerance, rule, and one-to-many matching; rule matches auto-post the clearing entry and unmatched lines raise a routed exception.
Live GL-derived reconciliation
Every reconciliation figure — cash, clearing buckets, open exceptions, variance — is computed live from GL lines, with the variance currency-translated so foreign-currency accounts actually balance.
Import statements in any format
Structured parsers handle OFX/QFX, QIF, MT940, and CSV, plus an OCR path for PDF and image statements when no structured file exists.
GL-based cash forecasting
Project current ledger cash forward using open AR/AP, recurring entries, and seasonal patterns, with what-if scenarios and per-customer payment-likelihood scoring.
From action to ledger, in four steps
- 1Set up
Configure bank and clearing accounts and, optionally, a scheduled SFTP feed — or upload statements by hand.
- 2Pay
Create a payment run, generate proposals from due invoices, and route each payment through submit and approve before processing.
- 3Post
Processing writes a balanced entry through the right clearing account, stamped with the resolved FX rate so the base amount is functional currency.
- 4Reconcile
Statements arrive, the matching engine clears them against GL clearing lines, exceptions route for handling, and an approved reconciliation produces a PDF certificate.
Real screens, real data
Foreign accounts that actually balance
Bank-reconciliation posters translate foreign-currency documents to base currency, so a non-base bank account reconciles cleanly instead of showing a permanent phantom variance — and every figure ties back to live GL balances, not a stale snapshot.
What you get
- Payments can’t be self-approved — auditable segregation of duties on every disbursement.
- Foreign-currency accounts reconcile correctly instead of drifting.
- Reconciliation figures always tie back to live GL balances.
- Statements from most banks import without manual keying — structured or scanned.
- Ask Sebee “what’s our cash position next month?” and get a forecast built from your ledger.
Frequently asked questions
Can a payment run be self-approved?
No. A payment run requires a second approver — the creator can never approve their own run. Segregation of duties is enforced in the system on every disbursement, not left to policy.
Do foreign-currency bank accounts reconcile correctly?
Yes. Every reconciliation figure is computed live from GL lines, with the variance currency-translated — so a non-base bank account reconciles cleanly instead of showing a permanent phantom variance.
What bank statement formats can I import?
Structured parsers handle OFX/QFX, QIF, MT940, and CSV, plus an OCR path for PDF and image statements when no structured file exists — so statements from most banks import without manual keying.
Can LedgerQ forecast my cash position?
Yes. It projects current ledger cash forward using open AR/AP, recurring entries, and seasonal patterns, with what-if scenarios and per-customer payment-likelihood scoring.