Accounting Solutions Manchester
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We are a firm of ACCA Qualified Accountants based in Stretford, Manchester. We have been providing exceptional service to companies and owner-managed businesses for over 20 years.

Accounting Insights

Insights | , , ,

If you see the following message in FreeAgent then there is a mismatch between the bank balance in FreeAgent and your bank account.

Below we will explore some of the common reasons why this may be the case.

FreeAgent

1. You have accidentally deleted some transactions. On several occasions when finding the possible cause, it was established that bank transactions had accidentally been deleted. This can happen to the best of us and can easily be corrected.

2. The starting balance entered when setting up Free Agent was incorrect. This has therefore had a ripple effect of causing the bank balance to be mismatched

3. Another scenario can be where bank transfers to a savings account have been posted incorrectly, causing the bank mismatch, when in actual fact reallocating the transactions correctly would rectify the mismatch.

The above are just a few reasons why the bank in FreeAgent would show a mismatch error. If you have tried the above and not had any luck then it is best to seek some professional help and advice from Accounting Solutions Manchester.

If you’re having trouble reconciling your accounts in FreeAgent, Accounting Solutions Manchester are here to help. Call our experienced FreeAgent accountants in Manchester today on 0161 879 7175 for a free, no-obligation consultation.

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