Reconcile
Banking › Reconcile.
Reconciling means deciding what every bank row is, so that your books and your bank agree. New rows from a statement or a bank feed wait here until you have dealt with them.
Work through the list
Section titled “Work through the list”Use the Money in and Money out filters, or the search box (by description), to narrow the list. Select a row to see how to handle it. Where VexLedger can suggest an answer, the row says suggestion ready. A suggestion can come from:
- Matches an invoice or bill: the amount and details fit an unpaid document
- Bank rule: one of your bank rules
- Learned from past postings: how you handled similar rows before
Accept a suggestion, or choose Not this one and decide for yourself.
Three ways to handle a row
Section titled “Three ways to handle a row”| Choice | Use it when |
|---|---|
| Match an invoice or bill | The row is a customer paying you or you paying a supplier. VexLedger lists likely documents. The document is marked paid |
| Post to an account | The row is something else, such as bank charges, interest, a transfer or a director loan. Choose the account, and optionally the brand it relates to |
| Attach a receipt | You have the receipt for it. It stays with the transaction as part of the audit trail |
If no document matches, the screen says so and suggests posting the row to an account instead.
When every row is handled you see All caught up.