Guide Bank Reconciliation Updated Sep 26, 2025 Christian Falck
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Mashreq NeoBiz Bank Reconciliation with Naqood

Managing bank reconciliations can be time-consuming, but with Naqood’s seamless integration with Mashreq NeoBiz, the process becomes effortless. By leveraging this integration, you can automate transaction matching, reduce errors, and focus more on your business operations.


How It Works

1. Download Your Mashreq NeoBiz Statement:

  • Log in to your Mashreq NeoBiz Online Banking account.

  • Export your bank statement over the desired period in CSV format.

2. Upload to Naqood:

  • Navigate to Accounting -> Bank Reconciliation.

  • Upload or drag and drop your Mashreq NeoBiz CSV file.

  • Match your IBAN accounts in Mashreq with the bank accounts you have in Naqood.

  • Press Continue.

3. Let Naqood Do the Rest:

  • Naqood automatically recognizes the file and imports the data into your bank reconciliation.

Benefits of Using Naqood with Mashreq NeoBiz

  • Automated Matching: Eliminate manual efforts by allowing Naqood to recognize and align transactions seamlessly.

  • Enhanced Accuracy: Reduce errors with Naqood’s advanced reconciliation algorithms.

  • User-Friendly Interface: Simply upload your Mashreq NeoBiz statement and let Naqood handle the rest.