How do I reconcile a bank statement?

You will have a closed reconciliation for the statement period.

Before you start

You need the reconcile permission and a plan with it. Have the statement's opening and closing balances.

Steps

1. Choose the bank account and press Start Reconciliation.
2. Enter statement date, opening balance and closing balance.
3. Expand the session and Match each payment that appears on the statement.
4. When Difference is 0 press Close Reconciliation.

What you will see

"Closed". The session shows Closed.

If something goes wrong

• Only bill payments appear; receipts cannot be matched.
• A closed session cannot be reopened.
• The difference must be exactly zero.