Bank reconciliation is the process that companies use to make sure that the Bank/cash balances they show on their books matches the actual Bank/cash in the bank statement.

One of the methods to perform the bank reconciliation in Bukku is Manual Reconciliation.

Scenario:
You want to perform the bank reconciliation for Public Bank for the month of September 2019.

Assume that you already perform the first reconciliation in August 2019.

Follow the steps below to perform the bank reconciliation:

1. Navigate to Bank > Accounts > click on Reconcile. (Public Bank)

2. Choose Manual Reconciliation.

3. Key In the Bank Statement Date and Statement Balance ( as per bank statement)
​Statement Date - 30/09/2019

Statement Balance - RM 108,239.07

4. Next, check off the related bank transactions that have been processed as per the bank Statement.

5. Ensure that the Statement Balance (Closing balance in the Bank Statement ) and Reconciled Balance are Balanced. If not, it will appear as "Difference".

6. If there is a transaction in the Bank Statement but not in the Bukku, you can directly click on the + Create and create a related transaction.

7. Once everything is Matched and Balanced click on Save and you're done.