Are inconsistent bank records causing reconciliation issues?Is the manual reconciliation process slowing your workflow?Worried about discrepancies affecting SMSF trustee compliance?

SMSF Bank Reconciliation Accurate, Timely & Audit-Ready Transaction Matching

Q: What is SMSF bank reconciliation?

It’s the process of matching SMSF bank transactions with ledger entries to ensure accuracy, compliance, and audit readiness.

Q: Which SMSF platforms do you support?

We reconcile accounts using industry standard SMSF accounting software like ClassSuper, BGL360, and Mclowd — with custom rules and reporting formats tailored to each.

Q: Can you handle multiple bank accounts per fund?

Yes. We reconcile all SMSF bank accounts, including LRBA, term deposit and broker-linked accounts.

Q: Do you flag unusual or unmatched transactions?

Absolutely. Our team reviews exceptions manually and resolves queries before finalisation.

Q: Is this service part of a broader SMSF workflow?

Yes. Reconciliation is often bundled with SMSF bookkeeping, accounts finalisation, tax return prep. and SMSF audit workpapers — all delivered as a seamless extension of your team.

Accurate bank reconciliations are the backbone of SMSF compliance. At BlueCrest, we reconcile SMSF bank accounts using leading SMSF accounting software like ClassSuper, BGL360, and Mclowd — ensuring every transaction is matched, verified and audit-ready.

Our SMSF Bank Reconciliation service eliminates the manual workloads for you. We tend to setup bank rules for all the recurring transactions so you get to see the reconciliations done almost in real-time. Additionally, we keep an eye on the unique transactions that may need further attention.

This process facilitates accurate recording of every single transaction. We aim to resolve any transaction queries swiftly. That is to make sure that the SMSF accounts stay accurate & transparent and clean reconciliation statements are delivered on time.

SMSF Bank Reconciliation
Tasks We Handle for You

Bank Statement Import & Verification - Secure upload and validation of bank statement data for accuracy and completeness.
Automated Transaction Matching - Recurring transactions are matched using custom bank rules to reduce manual effort.
Exception Handling & Query Resolution - Unique or unmatched transactions are flagged and resolved swiftly to maintain integrity.
Review-Ready Reconciliation Reports - Clean, structured summaries prepared for trustee review and audit support.
Audit Trail Documentation - Supporting evidence linked to each transaction for compliance and transparency.

Why Firms Outsource SMSF Reconciliations to BlueCrest?

We deliver accurate, automated, and audit-ready bank reconciliations that reduce admin, resolve queries, and give your SMSF practice the clarity it needs to move forward.

Reliable Record-Keeping

Every transaction is matched, verified, and backed by supporting documentation.

Time-Saving Efficiency

Automated rules reduce manual entry and accelerate reconciliation cycles.

Built-In Compliance

Our process aligns with ATO standards and prepares your fund for audit with confidence.

Real-Time Visibility

Reconciliations are updated regularly, giving you a clear view of fund activity.

Scalable Support

Whether you manage 5 funds or 500, our process adapts to your volume and workflow.

Start Your SMSF Bank Reconciliation with Confidence

Book a call and unlock SMSF support that’s built for accuracy, scale, and silent delivery.

Whether you’re looking for monthly, quarterly or semi-annual reconciliations, we have efficient processes in place. Over the period, we have refined our practices to ensure accurate financial records and timely reporting.

Entrust your team to focus on strategic advice and delegate your client’s SMSF bank reconciliations to us!