As of identifies the observation date associated with a bank-reported balance. Check it before comparing Institution’s value with the balance currently shown by your bank, since the two views may represent different moments.
- Open the synced bank accounts balance view.
- Match the account using the name, institution, and last digits.
- Read Current balance together with As of, then inspect bank sync if a newer observation is needed.
An old observation is not a current confirmation
If authorization has expired or a sync has not refreshed, the displayed value can still be the last reported balance. Repeatedly comparing it with a live bank screen does not resolve the timing difference.
Use the statement’s actual period-end balance for a statement reconciliation rather than substituting whichever bank balance was most recently observed. Likewise, do not infer that all intervening transactions are missing merely because the balance differs. First align the observation date and account, then review the activity and source coverage. If the balance is unavailable, follow that specific source issue rather than treating the empty display as zero. A dated bank observation is reference evidence, while ledger and reconciliation outcomes require their own verified records.
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