Bookkeeping
Reconcile against a bank statement
Use the statement period and balance to verify your bank records.
Start with the statement
Open Reconcile, choose the account and enter the statement period and ending balance. Use the actual bank statement.
Clear the matching transactions
Compare entries with the statement. Investigate missing, duplicate or incorrectly dated entries instead of using an unexplained adjustment to force a match.
Finish only when the difference is explained
Check the reconciliation difference and review any outstanding items. Keep the statement and reconciliation report with your records.
A completed reconciliation needs correction
Use the controls available for your role and coordinate with your accountant before changing reviewed or locked periods. Include the account and statement period in a support request.
Need more help?
Open a support request or email info@iandsaccountingsvcs.com. Never share passwords or sign-in codes.