Reconcile bank transactions

Reconcile each imported bank transaction by matching it to one or more existing transactions or by creating the missing transaction in QuickStart. Open Menu, select Banking, and then select Cash management.

You need the administrator, full business access, or accountant access profile.

To reconcile bank transactions:

1. Open Menu, select Banking, and then select Cash management.
2. Select Bank & credit card reconciliation.
3. From the account selector, select the bank account that you want to reconcile.
4. On the To reconcile tab, review the imported transactions and available suggestions.
5. For a transaction already recorded in QuickStart, select Review, select Match, and select the matching transaction or transactions.
6. If the transaction is not recorded, use Categorize to create an expense or expense refund. For a bank account, use Create to create a bank deposit or journal entry.
7. Repeat these steps for the remaining imported transactions.

To recalculate the available matching and categorization suggestions, select Actions > Refresh suggestions. QuickStart shows Refreshing suggestions while the refresh is in progress.

To exclude a duplicate or unwanted imported transaction, select it on the To reconcile tab and select Exclude. To return it to reconciliation, open the Excluded tab and select Restore.

Use the Reconciled tab to review completed reconciliations. From a reconciled transaction, you can edit its match or undo the reconciliation when a correction is required.

Reconciliation for the account is complete when all required transactions are handled and the difference shown in the balance panel is zero.

Learn more

• Reconcile imported transactions with existing transactions in QuickStart
• Create a transaction during bank reconciliation
• Match open invoices, credit memos, and vendor bills during bank reconciliation
• Get started with bank reconciliation