Add a reconciliation

This guide will take you through creating a reconciliation, reviewing transactions, and finalizing your records.

Reconciling your accounts ensures that your financial records match external statements, helping to identify and correct any discrepancies.

Instructions 

To create a reconciliation:

1. Navigate to the Accounting section, then select the Reconciliation sub-tab.
2. Click on the book icon under Actions.
   
   
   
   
3. In the Statement Balance section, enter the following details:
   
   

• • Ending Balance Date
  • Ending Balance Amount (in dollars)
    
    

4. Click Next.
5. In the Reconcile section, optionally toggle Cleared for the transactions you want to reconcile, then click Next.
6. In the Confirm section, provide a description. Here, you can also review the following totals:

• • Transactions Matched
  • Statement Balance
  • Previous Reconciled Balance
  • Reconciled Balance
  • Difference
    
    

6. Click Finish to complete the process.

View Statements 

To view the details of your reconciled balances, navigate to the Statements sub-tab. Click on the name of the statement of your choice to access more detailed information.

 

What's next?

Keep exploring our platform by taking the next step: Add taxes page.