FlatfloFlatflo
    Knowledge base / Service charges and money

    Reconciling the bank each month

    Make sure the cashbook matches the bank statement.

    Steps

    1. 1Download the month's bank statement.
    2. 2Match each payment and deposit to the cashbook.
    3. 3Investigate anything that doesn't match.
    4. 4Finalise only when the difference is zero.

    How Flatflo helps

    Upload a statement and Flatflo suggests matches; finalised months are locked.

    Accounting and bank reconciliation

    General information only, not legal advice. Rules differ by state and change over time. Check your local legislation or get professional advice for your situation.

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