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Bank Reconciliations

The Bank Reconciliations tab helps you verify that your bank account records in Manager match your actual bank statements.

Regular reconciliations ensure accuracy and help identify missing transactions, errors, or fraudulent activity.

Bank Reconciliations

Creating Bank Reconciliations

To start a new reconciliation, click the New Bank Reconciliation button.

Bank ReconciliationsNew Bank Reconciliation

Learn about the reconciliation process: Bank ReconciliationEdit

Understanding the Columns

The Bank Reconciliations tab displays the following information:

Date
Date

The Date column shows when the bank reconciliation was performed.

This should match the statement date on your bank statement.

Bank account
Bank account

The Bank Account column shows which bank account is being reconciled.

Statement balance
Statement balance

The Statement Balance column shows the closing balance from your bank statement.

This is the balance you enter when creating the reconciliation.

Discrepancy
Discrepancy

The Discrepancy column shows the difference between your statement balance and the calculated balance from cleared transactions.

A zero discrepancy means your records match the bank statement perfectly.

Click on a non-zero discrepancy to see which transactions are causing the difference.

Status
Status

The Status column indicates whether the bank account is reconciled:

Reconciled - No discrepancy exists (perfect match)

Not Reconciled - A discrepancy needs investigation

Click Edit Columns to customize which columns are visible.

Edit columns

Learn about column customization: Edit columns