Transaction reconciliation

A reconciled transaction is the one that matches your bank statement. You add transactions to iCash as they happen until you receive that paper or you decide to connect to your bank through the Internet. You will then compare what you see on iCash with the information on your bank and activate the check box for the transactions that appear on both. This action is called reconciliation. iCash offers 2 methods for reconciling accounts and transactions:

1.- You can simply reconcile transactions using the check box located on the right, 'R' column, from the Transaction and Query panels.

2.- You can use the Query panel and look for your bank statement balance and then reconcile all the transactions you find.

In iCash, an unreconciled transaction is also called a 'Pending'.