- 01
Create the reconciliation period
Select the bank account, statement period and statement balance information.
- 02
Review book entries
Match entries that appear on the statement and leave genuine outstanding cheques/deposits uncleared.
- 03
Investigate differences
Check missing entries, duplicates, wrong dates or wrong bank accounts.
- 04
Complete only when explained
The reconciliation should clearly explain the difference between book and statement positions.
- 05
Carry uncleared items forward
Uncleared items remain available for later reconciliation when they eventually clear the bank.
Guide complete
Continue with the next related workflow, or return to the Guide Center to find another task.