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Why Bank Balance and System Balance Differ in Sumung

These two numbers measure different things, so a temporary gap between them is normal and not necessarily an error. Bank Balance reflects what your bank…

Steps

  1. Bank Balance reflects what your bank reports (or what you entered manually).
  2. System Balance reflects only the transactions you've confirmed and posted inside Sumung.
  3. A gap usually means there are unreconciled lines sitting in Review Transactions, or a recent bank-side transaction hasn't synced or been imported yet.
  4. Work through Review Transactions and re-check the Opening Balance if the gap doesn't close on its own.

Related Articles

  • What Is Bank Balance and How It Works in Sumung
  • What Is System Balance and How It Works in Sumung
  • How to Fix Incorrect Balances in Sumung

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