Bank reconciliation

Goal

Match statement lines to book transactions so the bank balance agrees with BOS.

Who it is for

Finance clerk, controller.

Preconditions

• Bank account exists; statement imported or entered.
• Permission to reconcile.

Steps

1. Open the bank account and start reconciliation (or the bank match workspace).
2. Match statement lines to receipts, payments, and transfers.
3. Investigate exceptions; post adjustments if your process requires.
4. Complete the reconciliation when the difference is zero (or accepted).

Result

Reconciled period is marked complete; unmatched items remain for follow-up.

Related

• Bank accounts
• Period close overview