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How do I reconcile?

Bank reconciliation ensures financial records match statements, catching errors and irregularities.

Reconcile accounts in Hedgi by:

  1. Clicking the “R” tab – red means unreconciled
  2. Entering statement date and ending balance
  3. Clicking “Start Reconciling”
  4. Verifying the balance difference is 0
  5. Finishing reconciliation once balanced

If unbalanced:

  • Add missing transactions
  • Delete duplicates
  • Re-check until reconciled

Key benefits:

  • Confirms accuracy of financial data
  • Catches mistakes and discrepancies
  • Keeps records current and reliable
  • Enables informed financial decisions

Regular reconciliations give assurance that Hedgi precisely reflects your accounts. Quickly validate transactions to maintain accuracy and detect issues early.