Bank Reconciliation

Quick Answer: Bank Reconciliation

Bank Reconciliation matches your bank statement to Alignmint ledger activity so you can sign financials with confidence. Import Excel statements, map columns once, and work the Unreconciled tab with bank lines on one side and general ledger cash activity on the other. Mark items clearing or reconciled, track outstanding checks and deposits in transit, and finish when cleared balance plus deposits minus payments equals your statement ending balance.

Open Fund Accounting → Bank Reconciliation. Base reconciliation is available on Plus fund accounting plans; Smart Matching suggestions and review queues require Pro or higher. This tool matches bank activity to the ledger—it is not the same as Revenue Reconciliation, which compares Donor Hub gifts to income statement revenue. After finishing, run Bank Reconciliation Reports for period summaries.

Reconcile every operating account monthly; falling behind makes outstanding check research painful when auditors ask for cleared-date support.

Bank Reconciliation

Monthly reconciliation is a core internal control. Alignmint keeps reconciliation status on each journal line (unreconciled, clearing, reconciled) so filters in the General Ledger stay aligned with bank work.

What You Can Do

• Import statements with column mapping and duplicate detection
• Match many-to-many bank and ledger lines; create one-sided clearing entries
• Toggle Entry vs Flat grouping on the ledger pane for complex journal entries
• Review Smart Matching proposals on Pro+ plans (approve, edit, or decline)
• Export Unreconciled, Clearing, and Reconciled tabs; save finish snapshots

Common Tasks

Reconcile the operating checking account

1. Open Fund Accounting → Bank Reconciliation and select the account.
2. Enter statement end date and ending balance, then import or refresh bank lines.
3. Match cleared items until the difference is zero, then finish the period.

Research an outstanding check

1. Filter Unreconciled ledger lines by amount or check number.
2. Open the journal entry drawer to see payee and expense detail.
3. Void or adjust only when the check truly will not clear.

Good to Know

Connect accounts under Administration → Chart of Accounts for automatic import, or upload files manually each month. Pair reconciliation with the Month-End Close Checklist before packaging a Close Packet.

Related guides

• General Ledger
• Check Deposits
• Revenue Reconciliation
• Bank Connection

Fund Accounting features · Fund Accounting glossary · Reconciliation glossary