How to Use Numeric

Getting started with Numeric

In this guide, you will learn how to set up Numeric for managing your accounting close processes and workflows efficiently. By the end, you’ll be able to perform basic reconciliations and streamline your month-end tasks with AI assistance.

Step 1: Sign up and set up

1. Go to Numeric's website.
2. Click on the “Get Started for Free” button located on the homepage.
3. Fill in the required details (name, email, password) and click “Sign Up”.
4. Verify your email by clicking on the link sent to your inbox.
5. Once verified, log in to your Numeric account.

Step 2: Your first reconciliation

1. After logging in, navigate to the “Dashboard” on the left-hand menu.
2. Click on “Reconciliation” from the options.
3. Select “New Reconciliation” at the top right corner.
4. Choose the accounts you wish to reconcile (e.g., Bank Account, Credit Card).
5. Upload relevant statements by clicking on the “Upload” button and selecting your files.
6. Click “Start Reconciliation”. Numeric will automatically suggest matches based on AI analysis.
7. Review the suggested matches and approve or edit as necessary.
8. Once satisfied, click “Complete Reconciliation”.

Step 3: Get better results

1. To enhance accuracy, ensure your data is clean before uploading. Remove duplicates and check for missing entries.
2. Use the “Flux Analysis” feature found in the “Reports” section to identify unusual variances in your financials.
3. Set up automated reminders for reconciliations by going to “Settings” > “Notifications” and configuring your preferences.

Pro tip

Take advantage of the “Integrations” feature to connect Numeric with your existing ERP system. This saves time by automatically syncing data, reducing manual entry errors.

Common mistake to avoid

A common mistake is not reviewing the AI's suggested matches during reconciliation. Always double-check these suggestions to ensure accuracy and avoid potential discrepancies in your financial reports.