Synced bank accounts displays balances reported by the bank. The view explicitly keeps those balances separate from opening balances and the ledger, so one value should not be used as proof that the other records are correct.
- Identify the account by name, bank, and last digits.
- Read Current balance and its As of date.
- Use the account’s opening information and recorded accounting separately when investigating a balance difference.
Different balances can describe different moments
A bank-reported balance is tied to the source observation. An opening balance describes a chosen starting point. The ledger reflects recorded accounting. Their dates and included activity need to align before a comparison is meaningful.
Do not overwrite the opening balance merely to make it equal to the latest bank figure. First identify the period and any missing, pending, duplicated, or differently treated activity. A source-account opening balance is not itself a posted opening journal or a certified reconciled balance. Use the appropriate accounting and reconciliation workflows for those outcomes. The bank balance is useful evidence of what the connected source reported, but it does not replace a statement period or prove the books have been reconciled.
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