Chapter 14. Reconciliation

Michael T. Edwardes

Jack H. Ostroff

Revision 4.5 (2022-08-08)

What is reconciliation?

Reconciliation is the process of matching the transactions you have entered into KMyMoney with the transactions listed for that account by the institution. This is most commonly done with the list of transactions in a statement, be it a bank statement, credit card statement, loan statement, or any other statement. It can also be done against an on-line listing of the account, although this is less common. If any discrepancies are found, then either you or the person who created the statement have made a mistake.

To reconcile an account, display that account in the ledger and click on the Reconcile icon, select the AccountReconcile... menu item, or use the Ctrl+Shift+R shortcut. You can also right click the account in the Accounts View and select Reconcile... from the context menu.