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Glossary

What is reconciliation?

Reconciliation is checking that two independent records of the same money agree — typically your books against your bank.

Updated August 7, 2026

Traditionally it is a monthly exercise someone dreads. When every entry is created by the movement itself, there is nothing to match afterwards.

If they ever disagree, one of them is wrong, and finding out in the same week is much cheaper than finding out in January.

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