Reconcile your bank

Reconciling confirms that every line on your bank statement has a matching entry in your books, and that the balances agree.

The reconciliation inbox

Banking lists your unreconciled lines with where each came from and the match AXO suggests. Each suggestion shows how confident AXO is and why — for example, the same day and a matching reference.

1. Open Banking and look through the reconciliation inbox.
2. Where you agree with a suggested match, choose Accept. To look first, choose Review.
3. For a line with no match, open the Workspace to find the entry or create one — bank charges, for example.
4. When every line is matched, complete the reconciliation.

Month-end reconciliation

Go to Banking › Bank reconciliations, pick the account and period, and enter the closing balance from your statement. Clear the matched items and add any adjustments. The reconciliation completes when the difference is zero.