Moza provides two distinct tools for managing account accuracy: Reconcile and Set Actual Balance. Understanding when to use each ensures your ledger remains clean and trustworthy without wasting time.
How it works
1. Reconcile (Recommended Audit Flow)
Use when: "I want to verify my transactions against my bank statement and lock past accounting periods."
Reconciliation is the standard accounting workflow. You compare your Moza transactions against your bank statement using AI Statement Import (CSV, OFX, QFX, QBO) or Manual Line-by-Line Reconciliation, check off matched items, and finalize the period with a $0.00 difference.
- Action: Upload your bank statement or input statement ending balance and mark matched transactions.
- Result: Confirms 100% transaction-level accuracy, marks transactions with a green
Check(✓) badge in the status cluster, and creates an immutable checkpoint record in Reconciliation History. - Adjustments: Does not create arbitrary transactions unless you explicitly approve a draft preview adjustment for an unresolved discrepancy.
2. Set Actual Balance (Quick Adjustment)
Use when: "My Moza balance is off by $15.00 and I don't want to spend time hunting down a missing receipt."
If your Moza account balance drifts and you simply want to force Moza to match your bank without auditing individual lines, use Set Actual Balance (or Adjust).
- Action: Enter your current bank balance, choose a category, and optionally add a reason/notes.
- Result: Moza automatically generates a single Balance Adjustment transaction for the difference (e.g., +$15.00 or -$15.00) so your account balance instantly matches your bank.
- Audit Impact: Corrects the balance, but does not mark individual transactions as reconciled or create a statement checkpoint.
Comparison Summary
| Feature | Reconcile | Set Actual Balance |
|---|---|---|
| Primary Goal | Line-by-line auditing & period locking | Quick balance correction |
| Method | Check off matched transactions or AI Import | Direct balance override |
| Creates Transaction | No (unless adjustment chosen) | Yes (creates Balance Adjustment tx) |
| Badge / Indicator | Applies green Check (✓) badge |
None |
| Audit History | Saved to Reconciliation History | Logged as standard transaction |
| Best Used | Weekly / Monthly statement reviews | One-off balance syncs |