# Bank reconciliation

> Academium SMS Help › School Accounting
> For: School Owner, School Admin, Accountant
> Web page: https://helpcenter.academium.com.ng/academium-sms/article/sms-bank-reconciliation
> Last updated: 2026-10-06

**Bank reconciliation** checks that your bank statement and your records in Academium agree. Open **School Accounting → Journals → Bank Reconciliation**. It needs a plan that includes it.

## Starting a reconciliation

1. Choose the account.
2. Enter the bank statement's **closing balance** and **date**. Academium fills in the **book balance** from your records.

## Entering the statement

Type in the lines from your bank statement: date, description, reference, and **money in** or **money out**. Academium keeps a running balance and totals. Lines can be edited or deleted.

## Matching

Pair each statement line with the matching transaction in your records. Academium warns you when a pair does not match. You can **unmatch** a pair if you made a mistake.

## Completing

You can only complete a reconciliation **when the balances agree**. A completed reconciliation is read-only, and shows what was matched, what was left over on each side, and the adjusted balances.

## Keeping track

The reconciliation list leads with the **difference** still to explain. Open reconciliations also appear in **Catch Up** until they are finished.

## Good to know

Statement lines are typed in. Statement files cannot be imported.

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