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Bank balance and booked balance don’t match

Checklist when Payfriend shows a difference between bank and books: accounts, reconciliation start, unmatched items, and sync.

Written by Nicki Elgaard

Payfriend often shows bank balance, booked balance, and a difference. A difference signals unmatched work or missing data — not necessarily that the bank is “wrong”.

Quick diagnosis

  1. Is reconciliation start set?

  2. Is the correct bank account selected?

  3. Are there unmatched items in the queue?

  4. Is accounting connected and synced?

  5. Is the difference new or legacy (before Payfriend)?

Checklist

  1. Open Bank and note the difference.

  2. Work the match queue.

  3. Check all relevant accounts are connected — including Revolut Business.

  4. Force accounting sync if booked balance looks stale.

  5. Compare with online banking and e-conomic/Dinero/Billy for the same account and date.

  6. Look for fees, interest, pending payments, and postings that exist only on one side.

Common causes

Unmatched transactions

Fix: Match documents/invoices; upload missing receipts.

Wrong reconciliation start

Fix: Set start to the last day you were reconciled in the old system.

Posting only in books or only in bank

Fix: Book missing items, or wait for bank clearing / match.

Multiple accounts mixed

Fix: Select the correct account in Bank filters.

Open Banking delay

Fix: Wait for next fetch, or renew bank connection.

Still stuck?

Send support: difference amount, account, Bank screenshot, reconciliation start yes/no, last sync time.

Didn’t find an answer? Message us via in-app chat, or use Contact.

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