Start a bank reconciliation

Open The Account

Open Bank Recs and choose the account. Follow the action shown for the account and period:

• Set up reconciliation establishes the starting point in Account Settings.
• Start reconciliation begins the manual workflow.
• Continue rec returns to an open session.
• View statements opens evidence collection when a statement is missing.
• Review statement or Review difference opens the issue needing review.

For setup details, see Prepare for your first reconciliation.

Enter The Statement Balances

From the account reconciliation workspace, choose Start reconciliation.

1. Enter the Statement end date.
2. For the first reconciliation, enter the Opening balance and Ending balance exactly as shown on the statement.
3. For later reconciliations, review the carried-forward Starting balance and enter the new Ending balance.
4. Choose Start reconciliation.

For credit-card and loan accounts, enter the positive balance due shown on the statement. LedgerHQ applies the liability register convention. See Enter credit-card and loan balances correctly.

Choose Where Reconciliation Begins

For an account that has never been reconciled, the first-setup wizard records the date after which LedgerHQ should reconcile activity. Opening and ending balances are collected when starting the first session. Earlier imported and bank-feed activity stays outside the list except for selected outstanding items.

Check Cleared Transactions

The active reconciliation shows the statement date, balances, checked total, and Difference. Check a row only when it appears as cleared on the statement. Transactions that remain unchecked carry forward for later review.

The session can be finished when Difference is $0.00. If a transaction is missing, check Bank Feeds, Journal Entries, the account register, and any statement evidence before changing the statement balance.

If the session has the wrong account or period, use the available delete or cancel action and read its confirmation before starting a new one.