Reconcile your bank

Match bank statement lines to your payments.

Reconciliation proves that your books agree with your bank. Import the bank statement, then match each line to a payment or journal entry.

1. Import the statement

   Type Bank Statement Import in the search bar at the top of any screen and press Enter. Choose the bank account and upload the statement file from your bank. Each line becomes a bank transaction.

2. Open the reconciliation tool

   Type Bank Reconciliation Tool in the search bar at the top of any screen and press Enter. Choose the Company, Bank Account and the From Date and To Date of the statement.

3. Check the balances

   Enter the closing balance from your bank statement. The tool shows the difference you need to explain.

4. Match each line

   For each bank transaction, Prospera Books suggests matching payments by amount and reference. Select the match and reconcile.

5. Create what is missing

   For bank charges or interest with no entry yet, create the payment or journal entry directly from the tool.

6. Finish

   When the difference is zero, the bank is reconciled for that period.