> ## Documentation Index
> Fetch the complete documentation index at: https://docs.plude.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Bank settlement

> Automatic settlement of invoices from bank accounts.

<Note>Settlement is available for **premium plans**.</Note>

Settling invoices from bank statements, enables a quick, automated and effecient way to keep revenue up to date. Our effortless settlement works in a few steps:

1. Bank transaction Retrieval: You start by retrieving recent bank transactions by connecting your bank account to plude.
2. Matching Transactions: The bank transactions are matched against open invoices. This process is automatic, where the system finds matching amounts, dates, and reference numbers.
3. Reconciliation: For each matched transaction, the system reconciles it with the corresponding invoice. It adjusts the invoice status to "paid" or "partially paid," updating the accounts receivable.
4. Updating Records: Once reconciled, both the bank statement and the invoice are marked as "settled." This reflects in the ledger, making your financial reports nice and accurate.
5. Reporting: Plude generates reports on settled and outstanding invoices, giving insights into cash flow and any discrepancies that need your genius touch.

# Getting started

## Connect a bank account

First you will have to connect one or more bank accounts. Use the following snippet to initialize the bank settlement connect:

```bash theme={null}
curl
```

You receive a response as follows:

```json theme={null}
{
    "message" : "Use the url and navigate a browser to authenticate",
    "url" : "https://www.aiia.eu/..."
}
```

Once connected, select one or more bank accounts to allow transaction Reconciliation.