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.
To start a new reconciliation, click the New Bank Reconciliation button.
Learn about the reconciliation process: Bank Reconciliation — Edit
The Bank Reconciliations tab displays the following information:
There are following columns:
The Date column displays the date on which the bank reconciliation is being conducted.
The Bank account column displays the bank account that is currently undergoing bank reconciliation.
The Statement balance column displays the closing balance entered from the bank statement for the bank account, corresponding to the date specified in the Date column.
The Discrepancy column shows the difference between your entered bank statement balance and the calculated balance from cleared transactions.
A zero discrepancy means your records match the bank statement perfectly.
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.
Learn about column customization: Edit columns