What Is LedgerSync for Accounting CS?

LedgerSync for Accounting CS is a web application that connects your clients' bank feeds to Thomson Reuters Accounting CS. It automates the process of matching bank transactions to vendors and GL codes, eliminating the manual work of downloading OFX files and assigning vendors transaction by transaction. The result is a clean, import-ready file that goes directly into Accounting CS.

How It Works

LedgerSync for Accounting CS sits in the middle of your bank feed to Accounting CS workflow. Here is the process from start to finish:

1. The app connects to LedgerSync and pulls client bank transactions that have already been fetched from their financial institutions.
2. Your firm's vendor list from Accounting CS is imported into the app as a matching reference.
3. Select a client and date range from the Review screen.
4. Click Match Transactions. The app first attempts to match each transaction using your saved vendor rules. For any transaction without a matching rule, AI analyzes the bank description and suggests the most logical vendor.
5. Your team reviews all results, confirms matches, corrects any suggestions that need adjustment, and adds any missing vendors.
6. Click Export CSV to generate a file formatted and ready to import into Accounting CS with vendors and GL codes pre-populated.
7. Open the client in Accounting CS and import the file.

Key Features

Rule-Based Matching
Vendor and GL code rules are saved and applied automatically every month. Once a rule exists for a vendor, that transaction is matched instantly in all future runs — no manual work required.

AI-Assisted Matching
For transactions with no existing rule, the AI engine analyzes the bank description string and suggests the most likely vendor. All AI suggestions are clearly labeled and require team review before being accepted.

Client-Level and Firm-Level Rules
Rules can be saved for a specific client or applied across your entire firm. Firm-level rules apply automatically to all clients, compounding the time savings as your rule library grows.

Unmatched Transaction View
A dedicated Unmatched tab surfaces every transaction that could not be matched so nothing is missed. Each unmatched item can be resolved manually and saved as a rule for future runs.

Match Coverage Tracking
The app displays a real-time match count showing matched versus unmatched transactions, giving your team a clear picture of coverage before exporting.

Export Ready for Accounting CS
The export file is pre-formatted to Accounting CS import specifications. Accounting CS will recognize the vendor name and apply the correct GL code automatically on import.

Why Use LedgerSync for Accounting CS

The traditional workflow for getting bank transaction data into Accounting CS requires downloading OFX files, importing them manually, and then going through every transaction to assign vendors and GL codes by hand. LedgerSync for Accounting CS replaces this process entirely.

The app prepares the data before it reaches Accounting CS. Your team's role shifts from manual data entry to reviewing and confirming automated matches — a significantly faster and less error-prone process.

Because Accounting CS is a closed system with no open API, the import step remains a manual action. This is intentional — your team always reviews and controls what enters Accounting CS before the import is executed.

As your rule library grows over time, the percentage of automatically matched transactions increases. Firms with a mature rule library see a 50% or greater reduction in the time spent processing bank transactions into Accounting CS.

Navigation

The left sidebar provides access to all sections of the app:

• Dashboard — Overview of activity and status across clients.
• Accounts — Manage connected client bank accounts.
• Review — The main transaction matching and export screen.
• Vendors — View and manage your vendor library.
• GL Codes — View and manage your GL code library.
• PDF Import — Import bank statements in PDF format.
• Client Import — Import client data and vendor lists from Accounting CS.
• History — View past matching runs and exports.
• Settings — Configure firm and user preferences.
• Admin — Manage user access and firm-level settings.

Getting Started

1. Log in to the LedgerSync for Accounting CS portal.
2. Go to Client Import and load your vendor list from Accounting CS if it has not been imported already.
3. Navigate to the Review screen.
4. Select a client and date range.
5. Click Match Transactions and review the results.
6. Resolve any unmatched transactions and save vendor rules as you go.
7. Click Export CSV and import the file into Accounting CS.

We recommend starting with one or two clients to get familiar with the workflow and begin building your rule library before expanding to your full client roster.

Support

For questions or assistance, contact the LedgerSync support team at support@ledgersync.com or visit ledgersync.com.