Creating a New Bank Reconciliation
To create a new bank reconciliation, click on the New Bank Reconciliation button.
Understanding the Bank Reconciliations Tab
The Bank Reconciliations tab provides the following key columns:
- Date: Shows the date on which the reconciliation is performed.
- Bank account: Displays the bank account currently being reconciled.
- Statement balance: Indicates the closing balance from your bank statement for the reconciliation date.
- Discrepancy: Highlights any differences between your bank statementâs closing balance and the sum of cleared transactions in Manager up to your reconciliation date. A discrepancy of zero indicates full reconciliation.
- Status: Shows whether the account has been reconciled ("Reconciled" if the discrepancy is zero; otherwise, "Not reconciled").
Customizing Columns Display
Click on the Edit columns button to customize which columns appear in the tab.
For further details on customizing, refer to Edit columns.