Help Centre

How do I reconcile a bank account?

ForLandlordsProperty managers

Who can do this

Landlord; Organization users with Create Transactions (saving and finalizing need Approve & Post Transactions).

Where to find it

Accounting → ⋮ → Reconciliation.

Steps

  1. Pick the account (Select bank account) and the statement dates.
  2. Enter the statement's Opening balance and Closing balance.
  3. Under Statement transactions, tick Clear on items that match the statement and Exclude on duplicates or noise.
  4. Watch Difference; aim for $0.00. The tiles also show Cleared bank activity, Posted ledger coverage and Unreconciled in period.
  5. Add Reconciliation notes and click Save draft, or Finalize when it's done.

What happens next

"Reconciliation draft saved", or "Reconciliation finalized" / "The cleared transactions are now locked to this reconciliation." The session appears under Recent sessions.

Troubleshooting

"Choose a bank account to save."; "No synced bank transactions fall inside this statement period yet."

Limits

Reconciliation works from synced or imported bank transactions. Kera doesn't read your bank statement PDF.

Did this answer your question?