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How Bank Reconciliation Works in Sumung

Reconciliation is the process of confirming that the transactions in Sumung match what your bank actually shows, line by line.

Steps

  1. Open a bank account and go to Review Transactions.
  2. Work through each line under All/Needs Attention/Suggested/Escalated, confirming or correcting the suggested category and contact.
  3. Once a line is confirmed, it's marked Completed and moves out of the unreconciled list.
  4. When there's nothing left to review, the tab shows "All Caught Up!"
  5. Use "Reconcile Account" from the Manage dropdown for a full reconciliation pass, or "Reconciliation Report" to review the results.

Related Articles

  • How Often to Reconcile Accounts in Sumung
  • How to Mark Transactions as Reconciled in Sumung
  • How to Undo Reconciliation in Sumung

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