How to reconcile your bank account by importing a statement

Step 1: Open reconciliation

Open Accounting and press Import Bank Statement (or open the Reconciliation tab). Choose the Bank Account you are reconciling.

Step 2: Import the statement

Download your statement from your bank's website as a CSV file. Press Import Bank Statement (CSV) and choose it.

Step 3: Match

Press Auto-Match - ChecKmate matches statement lines to the payments, deposits and expenses it already has. For anything left:

• Match it by hand, or unmatch a wrong match.
• Use the adjust action to Post Reconciliation Adjustment for bank fees or interest.
• Ignore lines that do not belong in your books.

Record Deposit / Withdrawal adds a bank movement ChecKmate did not know about.

Step 4: Sync the balance

Press Sync Bank Balance, enter the Statement Ending Balance from your statement, and press Sync Balance.

Good to know

• Reconcile every month - small differences are much easier to find than a year of them.