Bank-Grade Account Reconciliation & Balance Accuracy
Match imported statement lines against your ledger. Detect missing transactions, catch duplicate charges, and verify exact bank balances with zero guesswork.
The Problem with Automatic Bank Syncs & Spreadsheets
- Automatic bank syncs quietly drop transactions or fail when banks update security protocols.
- Manual spreadsheets provide no audit trail to explain why your ending balance doesn't match your bank.
- Unbalanced ledgers erode trust in your financial numbers, leading to costly budget errors.
The Moza Way: Intentional Statement Reconciliation
- Import official bank statement files (PDF, CSV, XLSX) or enter statement totals.
- Moza automatically highlights matched lines, potential duplicates, and missing transactions.
- Clear 2-stage resolution flow: Reconcile Statement vs Set Actual Balance with a full audit log.
Key Capabilities
- Automated Line Matching: Smart heuristics compare statement dates, amounts, and descriptions against your existing ledger entries.
- Reconcile vs Set Actual Balance: Distinguish between verifying specific statement periods (Reconcile) and quick manual balance updates.
- Discrepancy Resolution Sheet: Resolve balance variances instantly by adding missing line items or marking cleared transactions.
- Full Historical Audit Trail: Every reconciliation period is logged with statement dates, ending balances, and user confirmation timestamps.
Frequently Asked Questions
Why doesn't my bank statement balance match Moza?
Bank sync aggregators can quietly drop pending charges, duplicate authorizations, or miss weekend transfers. Statement reconciliation compares your official PDF/CSV bank statement ending balance against cleared ledger lines to surface the exact missing transaction causing the variance.
What's the difference between 'Reconcile Account' and 'Set Actual Balance'?
'Set Actual Balance' forces your ledger total to a new number without checking past entries, sweeping errors under the rug. 'Reconcile Account' systematically audits line-by-line against your bank statement until your cleared total matches down to $0.00 variance.
Can I reconcile manually from paper or PDF statements?
Yes! Moza is built privacy-first. You never need to link bank credentials. Simply enter your statement ending balance and match cleared items against your statement.
Can I undo a locked reconciliation period if I find an error later?
Yes. Reconciled periods are stamped with a verification lock to prevent accidental edits, but workspace owners can unlock any past reconciliation session from Account Settings to adjust or re-audit entries.
How often should I reconcile my accounts?
We recommend monthly when your bank issues official statements, or bi-weekly if you have high transaction volume. Reconciling monthly takes less than 2 minutes once your workflow is established.
What happens to historical periods when past transactions change?
Modifying a transaction in a reconciled period breaks the zero-variance lock and flags an audit warning on your account dashboard until the variance is re-inspected.
Why do pending transactions matter during reconciliation?
Pending transactions have not officially posted on your bank statement ending date. Excluding pending charges ensures your cleared ledger reflects only settled accounting truth.
Will importing a bank statement duplicate existing reconciled transactions?
No. Moza hashes transaction dates, amounts, and vendor strings upon import to skip already-cleared or existing ledger rows automatically.
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