Skip to main content

Documentation Index

Fetch the complete documentation index at: https://docs.arcuserp.com/llms.txt

Use this file to discover all available pages before exploring further.

​
Open Bank Reconciliation

Bank Reconciliation lives under Accounting, in the close and reconcile area. The overview shows completed reconciliations, in-progress work, difference counts, connected bank accounts, and the basic process your team follows.

Bank Reconciliation overview with completed, in-progress, and with-differences counters, connected bank account, GL account, and how reconciliation works

​
What Must Be Ready First

  • A bank account must be set up in Arcus.
  • The bank account should be linked to the correct GL cash account.
  • The statement date and ending balance should come from the bank statement.
  • Cash, check, deposit, payout, fee, and journal activity should be posted before final review.
  • Plaid bank feed is helpful when configured, but manual review is still required.
Do not reconcile against the wrong GL account If the bank account is linked to the wrong GL cash account, the reconciliation can look clean while the books are still wrong. Confirm the linked GL account before starting.

​
Start a Reconciliation

  1. Open Accounting.
  2. Open Bank Reconciliation.
  3. Click New Reconciliation or open Start Reconciliation.
  4. Select the bank account from the statement.
  5. Enter the statement date.
  6. Enter the ending balance from the statement.
  7. Add notes when the period needs explanation.
  8. Begin reconciliation.
Start Bank Reconciliation tab with bank account selector, statement date, ending balance, notes, and Begin Reconciliation action

​
Match Bank Activity to GL Entries

In the matching workspace, bank transactions are compared with cash entries Arcus has posted to the linked GL account. The goal is for the difference to reach zero or for any remaining difference to be understood and approved.

  • Auto suggestions: Arcus can suggest matches based on amount, date, and reference details.
  • Manual matches: users can select a bank transaction and one or more GL entries when the suggestion is not enough.
  • Outstanding checks: entries may be valid in Arcus even if the bank has not cleared them yet.
  • Bank fees: fees may need a posted entry before the difference clears.
  • Duplicates: duplicate bank feed rows or duplicate journal activity should be investigated before completion.
Use the statement as the source of truth The bank statement ending balance and date define the reconciliation period. Do not adjust those numbers just to make the screen turn green.

​
Complete or Hold the Reconciliation

Complete the reconciliation when the difference is zero or when your accounting policy allows a documented difference. Hold it open when the difference needs research.

  • Review unmatched bank transactions.
  • Review unmatched GL entries.
  • Post missing bank fees, deposits, payouts, or corrections when appropriate.
  • Confirm outstanding checks and timing differences are expected.
  • Save notes that explain unusual items.
Reconciliation is an audit checkpoint A completed reconciliation is not just a visual status. It records that the cash account was reviewed against a bank statement for a specific period.

​
Common Blocks

  • No bank account appears: set up the bank account and link it to a GL cash account.
  • Plaid feed is empty: review Plaid setup, bank feed permissions, and sync timing.
  • Difference will not clear: look for missing bank fees, duplicate entries, outstanding checks, timing differences, or wrong statement balance.
  • Wrong GL entries appear: confirm the bank account is linked to the right GL account.
  • Cannot complete: check permissions, required fields, open differences, and accounting-period controls.

Chart of Accounts

Understand account structure, account types, and posting behavior.

Journal Entries

Create, review, and reverse journal entries.

Account Ledger

Review transaction history, source activity, debits, credits, and running balance for one GL account.

GL Reconciliation and Integrity

Compare control accounts to subledgers, review clearing account health, and audit GL integrity check logs.

Financial Reports

Run balance sheet, profit and loss, cash flow, and operational reports.

Integrations

Connect Stripe, marketplaces, shipping, email, and other services.