Banking & Treasury

This section guides you end to end: set up your bank and Mobile Money accounts, import statements, reconcile transactions and anticipate your cash position. By the end of the journey, your general ledger is up to date with no manual re-entry.

Understanding the treasury workflow

In the CEMAC and OHADA zone, Mobile Money is not an accessory payment channel — it is often the primary cash flow route. Orange Money CM, MTN MoMo, Wave and Moov Money account for more than 60 % of customer receipts and supplier payments for many SMEs. SynkriaOps treats these flows exactly like a traditional bank account: every Mobile Money transaction can be imported, reconciled and posted to your bank journal.

Statement imports are the single source of truth for bank reconciliation. SynkriaOps accepts OFX, CSV (standard and operator-specific), PDF and MT940 formats. For PDF statements that are hard to process directly (scanned statements, Mobile Money statements in image format), the OCR engine takes over and automatically extracts transaction lines.

The recommended workflow is linear:

1. Set up the account
2. Import the statement
3. Reconcile transactions
4. Validate accounting entries

Once transactions are reconciled, your general ledger is up to date with no manual re-entry, and the cash flow forecast reflects your actual position.

The imported transactions, ready to be reconciled and posted.

Tip

SynkriaOps supports all OHADA Mobile Money operators: Orange Money CM, MTN MoMo, Wave, Moov Money. Automatic expense/revenue detection and transaction fee isolation work regardless of the operator. Transaction fees are automatically posted to account 627 (bank charges) in accordance with the SYSCOHADA revised 2019 chart of accounts.

Before you start

To use Treasury in SynkriaOps, you need:

• At least 1 bank account or Mobile Money wallet configured in your company file (see Set up a bank account)
• An open fiscal year covering the period of your statements
• Statements downloaded from your bank or Mobile Money operator (OFX, CSV, PDF or MT940 format)

Available guides

Set up a bank account Create a bank account or Mobile Money wallet, choose the associated accounting journal and configure import rules.

Import a bank statement Import an OFX, CSV or MT940 file from your bank and map columns for reconciliation.

Import a Mobile Money statement Import Orange Money CM, MTN MoMo, Wave or Moov Money statements with automatic fee detection.

Bank reconciliation Match each imported transaction to its accounting voucher and justify any discrepancies.

Cash flow forecast Visualise future cash flows over 30, 60 or 90 days based on due dates, invoices and historical data.

Direct Mobile Money connection — being brought into service Your Orange Money and MTN payments will appear in real time once the operator connection is activated; in the meantime, import your statements.

Import a bank statement PDF via OCR Use the OCR engine to extract transactions from a scanned PDF statement or a Mobile Money statement in image format.

Caution

Bank reconciliation matches your statements against accounting entries. Always reconcile on complete statement data (full month or closed period) — a partial statement risks creating duplicates when the next statement is imported. If you import a statement that spans two months, first delete transactions already imported for the first month.

Supported statement formats

Format	Compatibility	Notes
OFX / QFX	Commercial banks (Afriland, BICEC, UBA, etc.)	Most reliable format, automatic mapping
Standard CSV	All banks	Column mapping required on first import
Operator CSV	Orange Money, MTN MoMo, Wave	Template auto-detected
MT940	International banks, correspondent banks	Recommended for foreign-currency accounts
Native PDF	Banks and Mobile Money operators	Built-in OCR extraction
Scanned PDF	Digitised paper documents	OCR: 300 dpi scan quality recommended

Where to start?

If you are configuring Treasury for the first time, start by setting up a bank account, then return here to import your first statement. For a Mobile Money account, go directly to Import a Mobile Money statement.