Budget reconciliation
Find where the expected balance met reality.
At the end of a period, compare the balance your plan expected with the balance that actually occurred. Use the difference to improve the next plan.
Illustrative example
A month-end check
- Your plan expected a €900 closing balance.
- Recorded activity leaves €820 instead.
- Review the €80 difference before planning the next period.
Example amounts and scenarios are illustrative, not a promise of financial results.
Compare expected and actual balances
Compare the expected closing balance with the actual balance for the same budget period. A difference can point to a missing payment, a changed amount, or a timing assumption to review. Check your recorded activity against your bank statement before finalizing a period; reconciliation does not automatically verify every bank transaction.
See how monthly planning and recorded payments connectIn practice
Make the next decision with a clearer picture.
Who it's for
For people who want to learn from a finished month rather than simply close it.
What you do
Review a budget period's expected and actual balances after its payments are recorded.
What you learn
Identify the gap between your assumptions and recorded activity.
Availability
Reconciliation uses the budget periods and payments you can access. Plan limits determine how many budgets and periods you can maintain.
See plan details