The totals for the reconciliation that you are performing. This includes the difference total, which you are trying to get to zero.
The reconciliation totals are as follows.
Displayed Total - Total dollar amount of system items to be reconciled.
Beginning Balance - The starting balance from the bank.
Payments - Total dollar amount marked as reconciled by selecting the Reconciled check box. This is from the credit column.
Deposits - Total dollar amount marked as reconciled by selecting the Reconciled check box. This is from the debit column.
Cleared Balance - The total dollar amount marked as cleared by selecting the Cleared check box.
Reconciled Balance - The total of reconciled records. (Reconcilied Balance = Beginning Balance + [Deposits - Payments]).
Difference - When the account is fully reconciled the dollar amount is zero. The difference amount is in red. It is the result of the subtraction between Reconciled Balance and Bank Statement Ending Balance . (Difference= Reconciled Balance - Bank Statement Ending Balance)
Last Bank Statement Date - Date of the last reconciliation.