Bank reconciliation
Tick off what the bank has cleared so your bank book matches your bank statement.
- Open Bank Reconciliation and choose the bank account and period.
- For each entry the bank has cleared, tick it and set the date it cleared.
- The difference between your books and the bank's balance shrinks to the cheques and deposits still in transit.
Note: Your original entries are never changed. A tick only records the date the bank cleared them.
Related articles
- Uploading bank statements and posting transactions
- Chart of accounts and opening balances
- Recording payments and receipts
- Journal entries and the ledger
Can't find an answer?
Our team is happy to help. Customers can also raise a support ticket from Help & Support after signing in to their workspace.