Reconciling accounts

At the end of your account's monthly cycle, you can compare your Moneyspire data with your actual account statement received from the bank, and make any necessary adjustments to make your data match your statement. To reconcile an account, first click on Accounts on the top and then double click on the desired account. Then click the Reconcile button.

After inputting your bank statement's date and balance, you will be presented with a screen containing all of your unreconciled transactions. You can then compare the items on the screen with your statement and clear any uncleared items, or add any missing transactions such as bank charges or interest. Once the Cleared Balance and Target Balance match, you are done reconciling your account.

page29image1913754384page29image1913754736