Month-End Bank Reconciliation in 30 Minutes

Bank reconciliation means checking that every transaction in your bank account matches a record in your books, and the other way round. It’s the single best habit for keeping your accounts accurate.

Why It’s Worth Doing

Unreconciled transactions hide problems: a customer payment recorded against the wrong invoice, a duplicated bill or a bank fee nobody entered. The longer they sit, the harder they are to untangle.

A simple month-end routine

• Import or enter the month’s bank transactions
• Match payments received to customer invoices
• Match payments made to bills and expenses
• Record anything left over, such as fees, interest or transfers
• Check that your closing balance matches the bank statement

Make It Smaller

The trick to a 30-minute month-end is not doing it all at month-end. Matching transactions once a week keeps the pile small and your memory fresh.

“If you reconcile weekly, month-end is just the last week.”

BizHub shows unreconciled bank lines on your dashboard, so you always know how much is left to match before you close the month.