Bank Reconciliation

Match your bank book with the bank statement by ticking entries or uploading the statement, add what is missing and freeze finished periods.

1. 1.Bank reconciliation at a glanceWhat bank reconciliation is, how the Bank Reconciliation page is laid out, what Book Balance, Cleared as per Books, Statement Balance and Difference mean, and the two ways to reconcile.
2. 2.Reconcile by ticking entriesReconcile a bank book against a paper or PDF statement by entering the bank date of each entry, ticking it, and confirming once the Difference is zero.
3. 3.Upload a bank statementUpload an Excel or CSV bank statement, check how SocietyBee reads the columns, dates and balances, import it, and manage earlier uploads including how to undo one.
4. 4.Review the matches and finishApprove the statement lines that matched your entries, create receipts and vouchers for the ones that did not, ignore the rest, and complete the reconciliation.
5. 5.Add a missing voucherPost an entry that is on the bank statement but missing from your books, directly from the Bank Reconciliation page, as a general voucher or a contra voucher, with or without a bank date.
6. 6.Reconciled transactions and historySee the entries already reconciled, search them, correct a bank date, undo a reconciliation, and read the Past Reconciliations list of every confirmed session.
7. 7.Freeze a period and locked periodsLock a date range of a bank book, or of the whole society, so nothing can be posted, edited, deleted or re-dated in it, and see or release your locks.