Bank Reconciliation Mismatches in Tally Prime – Simple Fix Guide
📅 18 Feb 2026📂 General👁 4 views
Bank reconciliation problems occur when your bank statement and Tally records do not match.
This may lead to:
✔ Incorrect bank balance ✔ Missing transactions ✔ Wrong cash flow reports ✔ Confusion during audits
The good news: Most mismatches are easy to identify and fix.
What Is Bank Reconciliation? (Simple Meaning)
Bank reconciliation means:
? Comparing your bank statement with Tally entries
Goal:
✔ Ensure every deposit & payment matches ✔ Identify missing or incorrect entries
Common Problems Users Notice
Bank balance not matching
Extra entries in bank statement
Missing entries in Tally
Duplicate transactions
Incorrect cheque status
Wrong cash flow figures
Why Do Reconciliation Mismatches Happen?
Think of it like comparing two lists.
If something is missing or different → mismatch appears.
Most common reasons:
✔ Transactions not entered in Tally ✔ Wrong amount entered ✔ Duplicate voucher entries ✔ Bank charges not recorded ✔ Cheques not cleared ✔ Wrong transaction date ✔ Reconciliation done very late
✅ Step-by-Step Solutions
1️⃣ Compare Balances First
Start simple.
✔ Check bank balance in Tally ✔ Compare with bank statement closing balance
? Difference = Something needs review
2️⃣ Look for Missing Transactions
✔ Check bank statement ✔ Identify entries not present in Tally
Common missing items:
Bank charges
Interest entries
Direct deposits
Auto debits (EMI, fees, etc.)
✔ Enter missing vouchers
3️⃣ Check Incorrect Amount Entries
✔ Compare transaction values ✔ Look for typing mistakes
✔ Example mistakes:
₹10,000 entered as ₹1,000
₹5,450 entered as ₹5,405
4️⃣ Check Duplicate Entries
✔ Same payment entered twice ✔ Same deposit recorded twice
✔ Remove incorrect entry
5️⃣ Review Cheque Status
✔ Issued but not cleared → Temporary mismatch ✔ Cleared later → Balance adjusts
