
Reconciling an Account
It's easy to reconcile an account, especially with the new Smart Fix technology. MoneyWell knows about the most common mistakes during reconciling and will try to help you fix them.
The transaction list is fully functional as well: You can add, change, or remove transactions without leaving the reconcile mode or switching to another window.
To reconcile an account:
- Click Reconcile at the window bottom
- Select a statement or click the plus (+) button to add a new statement
- Enter the starting and ending dates of the statement
- Enter the starting and ending balance amounts for the statement
- Check or uncheck individual transactions until your Difference is zero
- If the Fix button appears with a message, you can click that to try to fix your reconcile
- Click Cash Flow or another view selection to exit reconcile mode.
The statement will show a green reconciled icon when your statement is reconciled. You never have to worry about saving a partial reconciliation: MoneyWell will do that for you. Use the minus button (-) to remove any statements that you don't want. There is no need to finish reconciling a previous statement prior to doing the current one. MoneyWell is flexible enough just to let you jump around and finish your tasks as you have time.