Accounts & transactions

Reconciling an account

Reconciling means confirming that Allot agrees with your bank down to the cent. Do it every so often and you can always trust your balances.

Cleared, uncleared, reconciled

Each transaction carries a status that reconciling depends on:

• Uncleared - logged in Allot but not yet posted at your bank.
• ✓ Cleared - posted at your bank. This is what your bank's balance reflects.
• 🔒 Reconciled - cleared and then locked by a reconcile, so it can't be edited by accident.

When viewing a single account, Allot shows three totals: Cleared (matches the bank), Uncleared (logged, not yet posted), and Working (cleared + uncleared).

Reconcile an account

1. Open the account - from the Accounts tab, or open its register on the Spending tab.
2. Tap ⚖ Reconcile.
3. Enter your bank's figure in Actual balance (from bank) - or Actual owed (from bank) for a credit card or loan.
4. Allot shows the Adjustment - the difference between your figure and its own.
5. Tap Reconcile.

Allot then writes a Reconciliation Adjustment transaction for any difference and marks every prior cleared transaction as 🔒 Reconciled (locked). If the numbers already matched, the adjustment is $0.00 and it simply locks everything in.

Editing a reconciled transaction

Reconciled rows are locked so a stray edit can't break your bank match. If you genuinely need to change one, Allot asks you to Unlock it back to uncleared first - which, as it warns, breaks the statement match until you reconcile again.

Past reconciliations & drift

Each reconcile is saved under Past reconciliations. If the adjustment is large or keeps recurring, that's drift - a sign your bank statement and Allot keep disagreeing. Investigate the next big adjustment: usually a missed or duplicated transaction.

Troubleshooting