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Bank Reconciliation

Verify every dollar between your ledger and your bank statement. Surface discrepancies fast, confirm your cash position, and close the books with confidence.

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Why Reconciliation Matters

The bank statement is the single source of truth for cash. Reconciling ensures your accounting records agree with it. This process uncovers omitted transactions, exposes keying mistakes, and serves as a frontline defense against unauthorized charges. Make it a monthly habit and your financials stay trustworthy.

1

Enter Statement

Provide the closing balance and date from your bank statement

2

Match Transactions

Tick each item in Kantivo that appears on the statement

3

Balance

Once the remaining difference reaches zero, finalize the reconciliation

The Reconciliation Workflow

Kantivo presents every uncleared transaction for the selected bank account. Work through your statement line by line, marking off each item that matches. A live difference counter recalculates with every selection. When the counter reaches zero, confirm the reconciliation and you are finished.

Issues It Reveals

Missing Transactions

Service charges, auto-debits, or deposits that were never entered. The reconciliation process brings them to light.

Data Entry Errors

A mistyped amount or transposed digits will prevent the totals from agreeing - forcing the correction before you move on.

Duplicate Entries

A transaction recorded twice creates an unmistakable imbalance that the reconciliation makes easy to spot.

Timing Differences

Outstanding checks not yet cleared and deposits still in transit are tracked separately so you understand the gap.

Reconciliation History

Kantivo archives every completed reconciliation - date, ending balance, and the specific transactions that were cleared. Reviewing a prior period for an audit or a year-end question takes seconds, not searches through filing cabinets.

Edit Transactions Without Leaving

Spot an error mid-reconciliation? Double-click the transaction to open it in its account register for editing. Correct the amount, date, or classification, then continue reconciling right where you left off. No manual navigation required - the workflow stays uninterrupted.

Multiple Bank Accounts

Run a separate reconciliation for every account that receives a statement - checking, savings, credit cards, merchant services, and more. Each account retains its own independent reconciliation history.

Accurate Books Start Here

Bank reconciliation is included with every Kantivo plan. Start your free 30-day trial.

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