Day-precise close.
Without the crunch.

  • Bank reconciliation, accruals, intercompany and VAT filings covered
  • Run continuously - not just at month-end
  • The month-end close becomes a confirmation, not a marathon
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3 days
Time to close. Instead of 8-10 days of hard crunch. The month-end close becomes a confirmation of what Orcha has been reconciling continuously throughout the month.
Live
Bank reconciliation in real time. The moment a bank transaction arrives, it's automatically matched to an open invoice, contract or transaction.
0
Correction postings at period end. Because the postings were already done cleanly during the month - not corrected at close.

Continuous. Not after the fact.

Most closing tools speed up Day 8. Orcha spreads the work across the 22 business days before - so Day 8 stops existing.

01 · Bank
Bank reconciliation
Bank transactions are continuously matched to open items and postings - by amount, payment reference and historical patterns. Exceptions land directly in the accountant's inbox.
02 · Accruals
Accruals & deferrals
Recurring expenses and revenues are accrued automatically: rent, insurance, subscriptions, maintenance contracts. From the contract logic, not from a spreadsheet.
03 · Intercompany
Intercompany postings
Mirror postings between group entities are cross-checked. Differences become visible immediately - not only at group close. Multi-currency with daily FX rates included.
04 · VAT
VAT & filings
Input and output VAT are assigned correctly, also cross-border (EC sales list, OSS, reverse charge). VAT return, EC sales list and Annex-19 schedule are ready at the push of a button.
05 · Assets
Fixed asset accounting
Depreciation runs happen automatically. Acquisitions are classified via the invoice; net book values tie to the asset register. Immediate write-off, low-value assets and pool depreciation included.
06 · Audit
Audit trail
Every transaction links back to the source document - contract, invoice, bank transaction. Auditor-ready from day one. IDW PS 880, GoBD and HGB compliant (Germany).

Differences show up immediately.

Every bank transaction is matched to open items. What fits is posted. What doesn't fit goes to the accountant with context - not into a bucket of differences to be sorted through at month-end.

  • Matching by amount, IBAN, payment reference, supplier history
  • Multi-currency reconciliation with daily rates from the ECB feed
  • Batch payments automatically resolved to individual items
  • Cash discounts and partial payments correctly recognised and posted
Bank reconciliation · Wk 17 847 postings
Bank Posting Status Amount
Commerzbank DE INV 2026-1881 · ACME GmbH Match €14,230.00
Commerzbank DE INV 2026-1882 · Beta KG Match €3,418.40
Deutsche Bank Batch · 4 suppliers Resolved €22,940.12
Commerzbank DE Unknown · Ref. 7741 Review €1,847.00
HSBC GB INV 2026-IC-014 · UK subsidiary IC match £8,220.00

Close is downstream. The substance happens upstream.

The cleaner your Accounts Payable, Accounts Receivable, contracts and documents, the more uneventful your close. That's why every Orcha module feeds into it.