Balance per cash book
The closing balance of your ledger or cash book for the period.
Help centre / The statement
One proof.
One clear answer.
The statement shows how your cash book reaches the bank’s balance.
Open BrillrecHow the proof reads
The Statement tab, the sign-off pack and the Excel download all use this layout.
Add or less each reconciling item
Every open item is listed with its amount and explanation: for example bank charges, entries still to post, deposits not yet banked and payments not yet cleared.
Balance per bank statement should be
The cash book balance after those items. This is what the bank’s closing balance ought to be.
Balance per bank statement
The closing balance shown on the bank statement you loaded.
Unreconciled difference
The bank statement balance less the figure it should be. It should be nil, or within the allowance your organisation has set.
Common questions
Quick answers.
What is the proof of accuracy?
Under the statement, three checks are shown: the proof above, the bank statement roll-forward (opening balance plus transactions equals closing balance) and the cash book roll-forward. The first two must pass before sign-off. The third is a warning.
What is the difference allowance?
An administrator can allow a small unreconciled difference on each bank account, with an organisation-wide default for accounts that do not set their own. A difference within the allowance can be signed off once a reason is recorded. The reason is kept in the audit trail and shown on the statement, the sign-off pack and the Excel file. Without an allowance, the difference must be nil.
The difference is not nil. Where do I look?
Start with items that are unmatched or unexplained, then check for a duplicate or an entry in the wrong period. Investigate on an item suggests possible counterparts. Also check that the opening balance agrees with last period’s closing balance.
A difference was left from an earlier month.
Brillrec marks it “left since” the period in which it first appeared, so that it is not forgotten.
Can I share the statement?
Yes. Download the sign-off pack or the Excel file from the reconciliation. Both show the proof, the reconciling items and the allowance and reason, if any.
Keep reading
Related guides.
Signing off a reconciliation
Who does what, and what sign-off locks.
Read the guideGetting started
From a new account to a signed-off statement.
Read the guideAccess and data handling
The controls your administrator can set, in plain language.
Read the guideStill stuck?
Ask us.
Email info@brillrec.com with what you were doing and what you saw, and we will help.
Email Brillrec