Connect your Saudi bank account directly to Qoyod, import transactions automatically every day, and let the smart engine suggest the right matches. The monthly reconciliation finishes in minutes instead of days — with full ZATCA compliance.

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14 days free · No credit card · Cancel anytime

Linked account SA**** 4821

Current balance

⃁ 184,250.75

ReconciliationDeposit, invoice #2041

+ ⃁ 5,750

ReconciliationWithdrawal, supplies distributor

- ⃁ 1,200

SuggestionSalary, June

- ⃁ 8,400

ReconciliationDeposit, invoice #2042

+ ⃁ 2,100

UnmatchedBank fees

- ⃁ 35

Total transactions168 transactions

96% auto-matched · last import 4 minutes ago

Auto-matched

ZATCA-compliant

The market

Manual bank reconciliation — the biggest time sink in month-end close

Saudi business owners and accountants spend days every month comparing the bank statement to Excel or the ledger. Errors are common, delays are inevitable, and financial decisions slip with them.

Automatically

Import transactions daily

Qoyod connects to your Saudi bank account and imports transactions automatically — instead of manual comparison against an Excel bank statement.

ZATCA

Audit-ready reconciliation report

Monthly reconciliation report in an accounting-grade format that meets ZATCA's requirements.

25K+

Saudi businesses trust Qoyod

to run their accounting and bank reconciliations on full automation, ZATCA-compliant.

The way	Risks and problems	Other accounting software	RecommendedQoyod solution
Manual Excel	Long copy-paste Formula errors Hard to spot variances No audit log Not ZATCA-compliant	No direct integration with Saudi banks Requires manual CSV upload	Daily auto-import + smart match suggestions + a complete compliant audit log.
Download CSV from the bank	Requires daily login to the bank's website Inconsistent formats Manual classification No link to the ledger	Weak matching that needs manual review for every transaction No smart classification rules	Direct integration with Saudi banks — no downloads, rule-based auto-classification, instant link to accounting.
Accountant without a system	Delayed financial visibility until month-end Full dependence on a single person High cost Errors that are hard to trace	Delayed reports that don't update in real time No locally compliant audit log	Real-time reports for both the owner and the accountant, with full transparency and instant audit capability.

The current way

Manual Excel

Risks and problems

Long copy-paste
Formula errors
Hard to spot variances
No audit log
Not ZATCA-compliant

Other accounting software

No direct integration with Saudi banks
Requires manual CSV upload

Recommended

Qoyod solution

Daily auto-import + smart match suggestions + a complete compliant audit log.

The current way

Download CSV from the bank

Risks and problems

Requires daily login to the bank's website
Inconsistent formats
Manual classification
No link to the ledger

Other accounting software

Weak matching that needs manual review for every transaction
No smart classification rules

Recommended

Qoyod solution

Direct integration with Saudi banks — no downloads, rule-based auto-classification, instant link to accounting.

The current way

Accountant without a system

Risks and problems

Delayed financial visibility until month-end
Full dependence on a single person
High cost
Errors that are hard to trace

Other accounting software

Delayed reports that don't update in real time
No locally compliant audit log

Recommended

Qoyod solution

Real-time reports for both the owner and the accountant, with full transparency and instant audit capability.

Solution

Everything you need for hassle-free bank reconciliation

Six integrated tools in Qoyod — bank link, auto-import, smart suggestions, rule-based classification, variance detection, and audit reports.

Direct link to your bank account

Secure integration with major Saudi banks — link your account once with read-only permissions.

Daily automatic transaction import

Transactions update automatically every day — no CSV downloads, no manual visits to the bank's website.

Smart match suggestions

A matching engine suggests the right entries based on amount, date, and reference — confirm with one click.

Rule-based auto-classification

Create rules once (e.g., every payment to vendor X = supplies expense) and Qoyod applies them to every new transaction.

Detect variances and unmatched transactions

Instant alert for any bank transaction without a matching journal entry — or any entry without a bank movement.

Audit-ready reconciliation report

Monthly reconciliation report in an accounting-grade ZATCA-compliant format — ready for your accountant and auditor.

Smart match 5 transactions today

Bank transactions imported, SNB

Transfer from Al-Khaleej Co.

28 / Apr

⃁ 4,800.00 Reconciliation

Bank fees deducted

27 / Apr

-⃁ 35.00 Reconciliation

Deposit, STC Pay

26 / Apr

⃁ 1,250.00 Suggestion

Outgoing transfer

25 / Apr

-⃁ 920.00 Reconciliation

Unidentified source

24 / Apr

⃁ 380.00 Unmatched

Instant automated matching

How it works

Four steps between you and automated bank reconciliation

Under five minutes to set up — then your monthly reconciliation finishes in minutes instead of days.

Link your bank account securely

Pick your Saudi bank and complete a secure read-only connection — no transfers, no risk.

Qoyod imports transactions automatically

Every morning, the latest transactions are imported into Qoyod — with no input from you.

Review the suggested matches in one click

Qoyod suggests the matching journal entry for every transaction. Confirm the right matches in one click, or edit easily.

Issue the monthly reconciliation report

At month-end, generate the audit-ready reconciliation report in one click — digitally signed and stored.

Audit-ready April month-end close

Reconciliation report, April 2026

Matched transactions142 / 148

Suggestions awaiting confirmation5

Variances⃁ 18.00

Balance before reconciliation⃁ 84,500.00

Balance after reconciliation ⃁ 84,482.00

Trusted and audited

Proof

Trusted by 25,000+ Saudi businesses

Link your bank account and import transactions automatically

Faster reconciliation, read-only permissions with Saudi banks, and a complete accounting system that's ZATCA-compliant.

Start your free trial

Saudi banks

Secure read-only link

ZATCA-certified

Phase 2

25K+

Saudi business

14 days

Free trial

FAQs

Have some questions?

Quick answers to what business owners and accountants ask most.

Is the bank connection safe? +

Yes. The connection uses read-only protocols approved by Saudi banks with full end-to-end encryption. Qoyod cannot transfer or withdraw from your account under any permission.

Which Saudi banks are supported? +

We support major Saudi business banks. Contact us to confirm your specific bank's support and learn about newly added banks.

What permissions does Qoyod need from the bank? +

Read-only access to transactions and balance — no transfer rights, no withdrawal rights, no rights to modify any data inside your bank account.

Can I link more than one bank account? +

Yes. You can link multiple accounts from different banks and manage them all from one Qoyod dashboard, with independent reconciliation per account.

What happens to transactions that don't find a match? +

They appear in a dedicated unmatched-transactions section with a clear alert. You can create a journal entry for them directly from the same screen, or defer for review.

Does the system support foreign currencies? +

Yes. Qoyod supports multi-currency. If your bank account is in a foreign currency, transactions convert at the daily FX rate while preserving the original amount.

Link your bank today and close the month in minutes

Try Qoyod free for 14 days. Link your bank account and let smart reconciliation shrink days of work into minutes.

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14 days free · No credit card · Cancel anytime · ZATCA-compliant