The two answer different questions. Your bank shows money that has cleared. Your books show every transaction you have recorded, including those the bank has not processed yet.
Reconcile them under Finance → Cashflow. Import or enter your bank statement, then match each statement line to the transaction it corresponds to.
What is left after matching is the explanation. Unmatched book entries are payments recorded but not yet cleared. Unmatched statement lines are bank activity you have not recorded, such as charges or interest.
Record the missing items and the two agree. Do not adjust a balance to force a match, because that hides the transaction causing the difference.
Try it in the live demo: Open cashflow
Still stuck? Start a chat.
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