Abstract: A system for automatic reconciliation of business payments with bank data. The system includes a network, the network connecting the components of the system to one another. The system also includes a financial database, the financial database storing information including financial information for a business. The system further includes a business financial system, the business financial system in electronic communication with the financial database over the network and organizing the financial information for the business. The system additionally includes an automatic reconciliation tool, the automatic reconciliation tool in electronic communication with the financial database and the business financial system over the network. The automatic reconciliation tool configured to take data from a banking system, the financial database and the business financial system and automatically reconcile the data from the banking system, the financial database and the business financial system.