Closing balance
What the bank says the account held at the end of a statement. The number a reconciliation must reach.
In Solo Superstars
The import verifier compares opening + activity to the closing balance; the Reconcile page asks for it as the statement ending balance.
Example
July statement closing balance 9,650: the reconciliation is done when cleared transactions net to exactly that.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- ending balance
- statement balance
Related
- Statement ending balance — The closing balance printed on the bank statement you are reconciling against. The target the cleared lines must reach.
- Bank reconciliation — Checking off your recorded transactions against a bank statement until the difference is zero, then locking that statement.
- Running balance — The account balance after each transaction, in order. If a statement’s running balance skips, a line is missing.