Transaction Status & Reconciliation

Transaction Status & Reconciliation

Every transaction moves through a simple status lifecycle so you can track which ones you’ve confirmed against your bank: Uncleared → Cleared → Reconciled.

Steps

1. To toggle a transaction between Uncleared and Cleared, open its row menu and select Mark as cleared or Mark as uncleared.
2. To confirm a transaction has fully settled, open its details and select Mark Reconciled.
3. To reconcile a whole account at once against a statement, see Reconciling an Account.

Notes

• Marking a transaction Reconciled is a one-way step: once reconciled, the Mark Reconciled action is disabled.
• Transactions on a locked account can’t have their status changed until the account is unlocked.
• Clearing a transaction doesn’t change your balances; it confirms them. A transaction already counts toward your account and envelope totals as soon as it’s recorded, whether or not it’s cleared.

Tips

• Mark transactions Cleared as soon as they show up on your bank statement, and Reconciled once you’ve fully double-checked a statement period. It keeps your running balance trustworthy.
• Reconcile regularly (monthly is a good habit) rather than waiting until numbers look wrong. Small mismatches are much easier to spot early.

Common Mistakes

• Expecting “Cleared” to change an account’s balance. Status changes are a confirmation step, not a correction. If a number looks wrong, look for a missing or duplicate transaction instead.
• Trying to un-reconcile a transaction. Reconciling is intentionally one-way; if you need to correct a reconciled transaction, edit it directly (see Edit a Transaction) rather than looking for an undo step.

Next Steps

For the account-level reconciliation workflow this connects to, see Managing Accounts. To review a set of transactions before marking them cleared, see Search & Filter Transactions.