Reconciling an account
Confirm your books agree with the bank statement for a period, from start to finish, and resolve a non-zero difference.
- Plans
- Core and above
- Availability
- Available
- For
- Owners, Bookkeepers, Accountants
- In KontoCore
Banking → Reconcile
In plain English
Reconciling is checking your books against the bank’s statement. If the statement says you ended the month with $12,480.19, your books should agree once every cleared transaction is ticked off.
What this does
A reconciliation compares cleared transactions in KontoCore with a statement’s ending date and ending balance. A completed reconciliation is saved and feeds Books Health.
Before you start
- Review all imported transactions for the period.
- Have the statement showing the ending date and ending balance.
How to
Reconcile start to finish
- 1Open Banking → Reconcile and choose the account.
- 2Enter the statement ending date and ending balance exactly as printed.
- 3Tick each transaction that appears on the statement.
- 4Watch the Difference. When it reaches 0.00, choose Finish.
- 5The reconciliation report is saved for audit and review.
When the difference isn’t zero
- Confirm the beginning balance equals the prior reconciliation’s ending balance.
- Look for a transaction equal to the difference, or half of it (a sign entered backward).
- Check for missing bank fees, interest, or transactions dated after the statement date.
- Look for duplicates or a transaction recorded to the wrong account.
- Never force the difference with an adjustment unless you understand the cause and have authority to do so.
Common mistakes
- Entering the balance from a different date than the statement ending date.
- Changing previously reconciled transactions — this breaks the beginning balance.
Troubleshooting
The beginning balance doesn’t match
A previously reconciled transaction was edited or deleted. Review the account’s audit history.
Related articles
Reviewing bank transactionsDecide whether each imported transaction is a new categorized record, a match to an existing record, or a transfer between your own accounts.Financial Truth and Books HealthHow KontoCore continuously checks your books with deterministic controls, evidence, and findings — and where AI assistance fits.TroubleshootingTask-focused fixes for the most common situations: balances, reconciliation, duplicates, invites, connections, and migration totals.Period close and opening balancesClose months and years, control reopening, and enter opening balances when starting clean.
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Last reviewed September 25, 2026