Reconcile statement 25/08/2026

A variance means the bank statement and the system don't agree. There are four kinds of reconciling item:

Item	What it means	Where to handle it
Outstanding deposit	You banked a receipt before the statement date but the bank hasn't shown it yet (timing).	Type the total in the "+ Outstanding deposits" field (top left).
Unpresented withdrawal	You issued a payment before the statement date but the bank hasn't cleared it (timing).	Type the total in the "− Unpresented withdrawals" field (top left).
Direct deposit	The statement shows a credit you haven't recorded as a receipt yet (e.g. an owner paid direct).	Process a normal receipt with banked date matching the statement entry, then Update + recompute.
Direct charge	The statement shows a debit you haven't recorded yet (almost always bank fees / interest).	Create a creditor invoice against "Bank Fees", mark it Paid with the same clearing date, then Update + recompute.
Submitted batch not cleared	A payment run was generated but never marked cleared, so its invoices have no clearing date — the variance will exactly match the batch total.	Payments → open the batch → Mark cleared with the bank's debit date, then Update + recompute.