# Bank reconciliation — Academium SMS

[View the HTML page](https://academium.com.ng/sms/features/bank-reconciliation/)

> Match your bank statement against your books line by line, and close a reconciliation only when the balances agree.

Bank reconciliation

## Bring the bank and the books together.

Match each line the bank reports to the movement in your books, until the difference is zero.

[Download to get started](https://academium.com.ng/downloads?product=sms) [All SMS features](https://academium.com.ng/sms/features)

Fictional lines matched across the bank and the books. Completing is only possible once the difference reaches zero.

Starting

## Know the gap before you begin.

Enter the closing balance the bank reported and its date. The book balance comes from the account itself.

A fictional start: the gap is known before any matching.

The bank’s side

## The statement, line by line.

Enter each line of the bank statement for the account: the date, a description, the bank’s reference, and money in or money out, never both. A running balance and totals of money in and out keep you honest as you go.

-   **Fix a line before it is matched.** Open a statement line to correct it, or delete it.
    

Fictional statement lines entered by hand.

Matching

## Pick one from each side.

Select a bank line and a book line to pair them. The summary updates with every match.

-   **Mismatches pointed out.** If a pair’s amounts differ, SMS says so before you match them.
    
-   **Done means balanced.** A reconciliation can only be completed once the adjusted balances agree.
    
-   **Undo a pair.** Unmatch a pair you joined by mistake and pick again.
    

Fictional reconciliations, listed by their remaining difference.

Finished

## A reconciliation statement you can show.

A completed reconciliation is kept read-only: what was matched, what was left over on each side, and how the bank and book balances were brought together.

-   **Unfinished ones are flagged.** Catch Up on the dashboard reminds the people who keep the books of reconciliations left open.
    

A fictional completed reconciliation statement.

FAQs

## Bank reconciliation questions

Reconciling your accounts.

[Still have a question?](https://academium.com.ng/main/page-contact)

### Can we import a bank statement file?

Statement lines are entered by hand in SMS.

### How do we see which reconciliations are unfinished?

The list leads with each reconciliation’s difference. Anything not at zero has not reconciled.

## Reconcile your accounts in Academium SMS.

Download Academium SMS and set up your school, try a demo, or start in free mode.

[Download to get started](https://academium.com.ng/downloads?product=sms) [Explore other features](https://academium.com.ng/sms/features)