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NSC | Reconcile Account Statement > Resolve Incorrect Reconciled This Statement Balance

edited Aug 21, 2025 8:52AM in Accounting / ERP

Scenario:

Assume the User is reconciling the bank account "Corporate Checking" for the period ending April 30, 2025. When opening the Reconcile Account Statement page and entering April 30, 2025 as the Statement End Date, the User notices that the Reconcile This Statement field shows an inflated amount of $250,000, whereas the Bank Statement Balance is only $100,000.

Solution:

This issue often arises when transactions outside the scope of the current reconciliation period are mistakenly included in the reconciliation. This typically happens when the Match Group checkbox is selected on the Reconcile tab, which causes transactions from prior or future periods to be automatically marked as cleared.

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