Bank Balances

Hi Gareth

Thanks very much for this suggestion. This is something we are working on and we are also looking into how we can surface the bank balances that are received via the bank feeds.

In many cases it would work to add the unexplained transaction total to the current Clear Books bank balance. However, this would not suffice in scenarios where Clear Books bank transactions have been manually entered, e.g. recording supplier payments when they are made, and then reconciled with the bank feed transactions when they arrive. Also when you explain a transfer from one bank account to another, the other bank account contains a Clear Books record automatically. In these cases, the total would be incorrect due to these amounts being counted twice. Once in the Clear Books bank balance, and again in the unexplained total.

Adding only the total of reconciled Clear Books bank transactions only to the unexplained bank feed total is a potential solution that should work for both scenarios above, but we are aware of the myriad ways users utilise bank accounts, bank feeds, CSV imports and the reconciled flags, and want to ensure the balances work for all.

I will update this thread when we have a clearer (pun intended) design, but I welcome any further thoughts you or any other community members might have on it.

Pete