Use this form to reconcile your bank account balance in Manager with your actual bank statement.
Bank reconciliations ensure your records match the bank's records and help identify errors or missing transactions.
Complete the following fields to create a bank reconciliation:
Enter the ending date shown on your bank statement that you are reconciling.
Bank reconciliations are essential for verifying that your accounting records match your actual bank balance.
Regular reconciliations help identify errors, missing transactions, unauthorized charges, and timing differences between your records and the bank's records.
It is recommended to reconcile bank accounts at least monthly, or more frequently for high-volume accounts.
Select the bank or cash account you want to reconcile against your bank statement.
Each account must be reconciled separately using its corresponding bank statement.
Only accounts with cleared transactions will show meaningful reconciliation results.
Enter the closing balance exactly as shown on your bank statement for the reconciliation date.
The system will calculate the difference between this statement balance and your recorded cleared transactions.
If your balance doesn't match, common causes include:
• Outstanding checks or deposits that haven't cleared the bank yet
• Bank fees or interest not yet recorded in your accounts
• Timing differences between transaction and clearing dates
• Data entry errors or missing transactions
Any unexplained differences should be investigated and resolved before completing the reconciliation.