Online Party
Reconciliation
PartyReco by Ekagajpatra helps Nepali businesses reconcile Annexure 13 balances, manage counterparty collaboration, and keep financial records audit-ready.
Core Features
Secure
Secure handling of financial data
Processing
Capable of processing large volumes of transactions
Compliant
Fully compliant with Nepalese tax laws
How It Works
Capable of processing large volumes of transactions
Add Company
Create an Ekagajpatra user account and add your company's informations.
Upload Annex 13
Import purchase and sales transactions with a single click.
Invite Parties & Match
CounterParty uploads their Annex 13 and the system automatically compares both parties' records.
Resolve Issue
Quickly review, edit, and resolve any mismatches with your counterparty.
Objective of Developing PartyReco
Beyond simple reconciliation, we aim to transform the administrative landscape.
Reducing Physical Paper Usage
By digitising party reconciliation, we can significantly cut down the reliance on paper use, contributing to greener and more sustainable business environment.
Ease Government Process
Real time Party Reco helps streamline tax compliance and regulatory reporting helps businesses stay audit-ready.
Purpose of PartyReco
Experience smoother financial operations and improved accuracy.
To verify accuracy of accounts
It confirms that the balance shown in your books is the same as the balance shown by the other party.
To detect errors or discrepancies
It helps identify missing entries, wrong amounts, duplicate entries, or timing differences.
To prevent fraud and manipulation
Independent confirmation reduces the risk of intentional misstatement of balances.
To support audit and compliance
Auditors rely on party balance confirmations as strong external evidence.
To maintain transparency and trust
It builds confidence between businesses regarding outstanding dues or receivables.
To ensure correct receivables and payables
Helps confirm amounts to be received or paid at a particular date.
