Connect
Click “Connect your bank” and log in to your bank. Most banks deliver up to 90 days of history. Accounts without an interface can be imported as a CSV or PDF file.
Automatic bank reconciliation: payments find their invoice
Norman pulls in your bank activity continuously, marks paid invoices and attaches receipts to the right transaction. Instead of ticking off statements at month-end, you only review the few open cases.
Bank reconciliation that does not wait for month-end
Norman keeps bank activity, invoices, receipts, and open exceptions in one workflow so matches happen continuously.
Bank feedSynced
Bank activity lands in the workflow immediately
Norman imports transactions continuously instead of waiting for month-end CSV exports.
Receipt
Team lunch · 84.20 €
IMG_2841.jpeg
Matched
Transaction
Oberholz
Card payment
Payments find the right receipt
Receipts and payments get linked so expenses do not stay unresolved and input VAT does not get lost.
Norman Labs GmbHInvoiceINV-2026-0412
ItemAmount
Consulting6,622.00 €
Implementation2,838.00 €
Paid invoices close themselves
An incoming payment with the exact invoice total marks your Norman invoice as paid. Only the invoices still waiting for money stay open.
AI insights
Deduction foundHome-office allowance
UnusualDuplicate payment to vendor
Unclear cases with a reason
If two transactions fit equally well, Norman links neither and shows you suggestions with a reason: amount, date or text match.
InsightsActive 24/7
Profit margin is down 6%
Missing receipts at a glance
The “Without documents” filter lists every transaction without a receipt, so nothing is missing before the VAT return.
Key facts
Automatic bank reconciliation compares every bank transaction with open invoices and receipts. This is how Norman decides what it links on its own.
Free
Bank connection included in the free plan.
Automatic
Incoming payments mark your invoices as paid, receipts land on the right transaction. You only review what is still open.
60 days
of receipts are re-matched after every bank import. Upload an invoice early and Norman links it as soon as the payment arrives.
±0.3 %
Difference (at least €0.30) allowed for receipts, so bank fees and exchange rates do not block a match.
How bank reconciliation works in Norman
New transactions arrive through the bank interface as soon as your bank reports them. Matching runs after every import.
Match
An incoming payment with the exact invoice total marks your Norman invoice as paid; with several candidates, the invoice number and client name in the payment reference decide. After every import Norman matches receipts from the last 60 days and suggests the category.
Review and finalize
Under “Review documents” Norman shows suggestions with a reason: “Amount match”, “Date match” or “Text match”. The “Without documents” filter lists transactions without a receipt. “Finalize” confirms the booking.
What Norman matches on its own and what you review
Norman handles every clear-cut case on its own. You only decide when two answers fit equally well.
| You | |
|---|---|---|
| Incoming payment with the invoice total | Marks the invoice as paid | Nothing to do |
| Receipt with exactly one matching payment | Attaches the receipt to the transaction | Nothing to do |
| Two equally good candidates | Links neither, shows suggestions | Pick one under “Review documents” and “Confirm” |
| Expense without a receipt | Shown in the “Without documents” filter | Upload the receipt or send it to your receipt address |
| Cash payment | Not in the bank feed | Add a manual transaction |
How often you need to reconcile your bank
German bookkeeping must be complete, correct, timely and orderly (§ 146(1) AO). That sets the pace for bank reconciliation.
| Rule | Source | |
|---|---|---|
| Bank transactions | Recording within ten days is considered fine; monthly by the end of the following month if no records can get lost | GoBD, Federal Ministry of Finance |
| Cash | Record cash income and expenses daily | § 146(1) sentence 2 AO |
| Monthly VAT return | By the 10th of the following month, one month later with a permanent extension | § 18 UStG, § 46 UStDV |
| Bank statements and receipts | Keep for 8 years from the end of the calendar year | § 147(3) AO |
Norman instead of statement exports and checklist matching
Bank feeds, receipts, invoices, and open differences stay in one workflow instead of splitting across CSVs, spreadsheets, and month-end notes.
| Manual CSV + spreadsheet | |
|---|---|---|
| Bank data | Synced continuously | Export and upload statements first |
| Matching | Linked to receipts and invoices | Tick off rows by hand |
| Exceptions | Partial payments and gaps stay flagged | Only surface at close |
| Status | Live overview of open transactions | Separate lists per account or month |
Plans that grow with your workflow
Start free and unlock tax, team, and automation features when you need them.
Yearly (3 months free)Monthly
Free
Core accounting features.
Yearly
€0
/month (excl. VAT)
Monthly
€0
/month (excl. VAT)
- Unlimited e-invoicing
- Tax write-off tips
- AI Autopilot
- Connect to ChatGPT & Claude
- Receipt scanning (OCR)
- Norman AI usage limits
Klein
For Kleinunternehmer.
Yearly
€9
- 25%
/month (excl. VAT)
Monthly
-75% for 3 months
€3€12
/month (excl. VAT), then €12
- Bank sync
- Annual tax declarations (EÜR)
- Personal income tax
- Declare salary as an employee
- EU revenue reports (ZM)
- Higher Norman AI limits
Pro
For self-employed charging VAT.
Yearly
€21
- 25%
/month (excl. VAT)
Monthly
-75% for 3 months
€7€28
/month (excl. VAT), then €28
- VAT returns
- All tax declarations
- Tax efficiency score
- Receipt auto-matching
- Up to 5 bank accounts synced
- Maximum Norman AI limits
The discount applies to new customers for the first 3 months on monthly billing.
Free
Invoicing and bookkeeping.
Yearly
€0
/month (excl. VAT)
Monthly
€0
/month (excl. VAT)
- Complete double-entry bookkeeping
- AI Autopilot
- Unlimited e-invoicing
- Bank sync (1 account)
- Norman AI usage limits
Pro
Reports, insights, and advisor tools.
Yearly
€9
- 25%
/month (excl. VAT)
Monthly
-75% for 3 months
€3€12
/month (excl. VAT), then €12
- BWA & financial reports
- DATEV export
- Tax advisor access
- Multi-user access
- Higher Norman AI limits
Max
Annual accounts and every tax filing.
Yearly
€39
- 25%
/month (excl. VAT)
Monthly
-75% for 3 months
€13€52
/month (excl. VAT), then €52
- UStVA & ZM filing
- Corporate & trade tax
- Annual accounts with E-Bilanz
- Bank sync (5 accounts)
- Maximum Norman AI limits
The discount applies to new customers for the first 3 months on monthly billing.
Start Bank reconciliation with Norman
Start for free and bring invoices, receipts, bookkeeping, and taxes into one workflow.
Start for freeFAQ
What is automatic bank reconciliation?
Software compares every bank transaction with open invoices and receipts and links them when the amount, date or reference clearly match. In Norman this runs after every bank import. Unclear cases land on a review page with the reason shown.
How does Norman match incoming payments to invoices?
The payment must equal the invoice total in the same currency and arrive between 7 days before the invoice date and 30 days after the due date. If several invoices fit, the invoice number and client name in the payment reference decide. The invoice then shows “Paid”.
Is bank reconciliation in Norman free?
Yes. On the free plan you connect one bank account, and Norman matches payments and receipts automatically. For several accounts, pick a paid plan.
How often do I need to reconcile my bank transactions?
Under the GoBD, recording non-cash transactions within ten days is considered fine; monthly booking by the end of the following month is allowed if no records can get lost. If you file VAT returns monthly, you need the reconciliation by the 10th of the following month anyway.
Can incoming payments be matched to invoices automatically?
Yes. Once your account is connected, Norman matches incoming payments to your invoices and marks them “Paid”. You see open invoices at a glance, and with “Remind if unpaid” Norman reminds your clients automatically.
How long do I have to keep bank statements?
Bank statements are accounting vouchers. Since 2025 you keep them for eight years from the end of the calendar year (§ 147(3) AO). Books and annual accounts stay at ten years.