Bank Reconciliation Workflow

Import a statement for the bank account and ensure candidate payments/journals are posted. Check statement currency and dates.

1. 1
   Open the statement's reconciliation view and inspect unmatched lines and candidate transactions.
2. 2
   Open a suggested match and compare the bank line with the posted payment or journal on direction, amount, date, and reference.
3. 3
   Review suggestions or run auto-match, then verify amount, direction, date and reference before accepting matches. Manually match a line when needed.
4. 4
   Unmatch an incorrect association, add a documented adjustment for genuine bank-only items, and review the summary before closing.
5. 5
   After matching, review the remaining unmatched lines and the statement's running difference.

A suggested match is a starting point. The reviewer is responsible for confirming the bank evidence.

Statement lines can be Unmatched, Partly matched, or Matched. The statement moves from Imported to In progress and then Reconciled when the close checks pass.

WARNING: Auto-match is a suggestion mechanism, not a substitute for review. Closing a statement with incorrect matches affects the audit trail.

If a candidate is missing, verify posting status, bank account, currency, date window and whether it is already matched.

If a candidate is absent, check its posting status, bank account, currency, date window, and whether it is already matched.