Banking

How to reconcile bank transactions

4 min read·Beginner

Reconciling means matching the money in your bank to the invoices and payments in CRMit, so your figures always agree. Here is how to work through it.

  1. Open your bank transactions

    Open a bank from Bank List to see its transactions, or open the Transactions List.

  2. Sync the latest

    Use Sync to pull in the newest transactions from your bank feed.

  3. Review the transactions

    Go through the list of incoming and outgoing transactions.

  4. Match each one

    Match a transaction to the invoice or payment it relates to so it is reconciled.

  5. Add anything missing

    Add a manual transaction, or upload transactions, if something is not in the feed.

  6. Work through the list

    Keep going until everything is matched.

Tip: Reconcile little and often so your balances always stay accurate.

What's next

Keep the rest of your banking and cash records in step.

Want a hand getting set up?

Book a quick demo and we will walk you through reconciling your bank and keeping your figures in agreement.