Cleared bank transactions

When we use the 'cleared' status

We add a cleared check to show when a bank transaction has come directly from your bank. This could be via a bank feed or from importing a bank statement.

This tells you when a bank transaction in Accounting Start is also on your bank statement and reflected in your bank balance.

Imported bank transactions automatically show as cleared for reconciliation, saving time and providing a head start in bookkeeping.

You can't add the cleared status to a transaction.

Find 'cleared' transactions

1. From Banking, open the relevant bank account.
2. Make sure you're viewing the Activity tab.
3. Sort the Cleared column to find your cleared transactions.

Edit or delete cleared transactions

When you edit or delete a cleared transaction, remember that it may no longer match your real bank account.

Edit a cleared transaction

When you edit a cleared transaction, we remove the Cleared and the Reconciled checks. This is to remind you to check the edited transaction against your bank statement. The next time you reconcile, you'll also have to select the reconcile box.

Remember, you can't edit a transaction included on a VAT return.

1. From Banking, open the relevant bank account.
2. From the Activity tab, select the transaction you want to edit.
3. Make the required changes and Save.

Delete a cleared transaction

You can't delete a transaction included on a VAT return.

1. From Banking, open the relevant bank account.
2. From the Activity tab, select the check box to the left of the transaction you want to delete.
3. On the toolbar, select the Delete icon and confirm.

Difference between cleared and reconciled

Cleared transactions come from a bank feed or imported from a statement. This tells you that the transaction is on your bank statement, reflected in your bank balance, and ready to reconcile.

When you enter a bank transaction using the Receipt or Payment options, we don't mark the transaction as cleared. This tells you that you need to check that the transaction matches your bank statement.

Reconciled transactions are those included in a bank reconciliation. When you reconcile, you're confirming that the transaction matches your bank account. Once you reconcile transactions, you have limited options when editing and deleting them.