Start a Reconciliation

Open the reconciliation workflow for a bank or credit card account, review the statement dates and balances that SPRK locks or derives, and start the clearing session correctly.

Purpose

Use this workflow when you are ready to begin reconciling one bank or credit card account against a statement.

Prerequisites

  • An active company is selected.
  • The bank or credit card account you want to reconcile already exists.
  • The transactions you expect to clear have already been confirmed in SPRK.
  • For a first-time reconciliation with no prior reconcile history, you know which journal entry should serve as the opening balance anchor for that account.

Steps

  1. Open Reconcile.
  2. In the account picker near the page header, choose the bank or credit card account you want to reconcile.
  3. Select Start.
  4. Review the Start reconciliation window:
  • If SPRK finds a prior reconciliation for that account, the Statement opening date and Statement opening balance fields are locked from the last posted reconciliation before the selected statement ending date.
  • If SPRK does not find a prior reconciliation, select the Opening balance journal entry that should anchor the account’s first reconciliation.
  1. For a first-time reconciliation, confirm that SPRK derives the opening and ending values from the selected journal entry before continuing.
  2. If this is not the first reconciliation, enter or confirm the Statement ending date.
  3. If this is not the first reconciliation, enter the Statement ending balance:
  • Use a positive number for bank accounts.
  • Use a negative number for credit accounts.
  1. Select the modal action to continue:
  • Start begins a normal reconciliation session when a prior reconciliation exists.
  • Reconcile completes the opening anchor flow immediately when this is the first reconciliation and you are using the journal-entry anchor.

Expected Result

The reconciliation workflow is initialized with statement dates and balances for the selected account. Current transaction and general ledger impact as of 2026-05-02:

  • Starting a normal reconciliation session does not create a new general ledger entry.
  • The page loads confirmed transactions for the selected account and preselects those that fall inside the statement window.
  • A first-time opening anchor also does not create a journal entry. It creates a posted reconciliation record so future reconciliations have an opening balance reference.

Common Mistakes

  • Starting on the wrong bank or credit card account.
  • Choosing the wrong opening balance journal entry for the first reconciliation.
  • Entering a positive ending balance for a credit account.
  • Expecting SPRK to let you edit the opening balance from a prior posted reconciliation.

Info

  • App sections: reconcile
  • Last validated: 2026-05-02
  • Screenshot status: not-started