FraudFindr: Reconciling Transactions

Reconciling Transactions

Reconciling transactions is an important part of ensuring each transaction in the period you’re reviewing has been added to FraudFindr and that the transaction data is accurate. In short, it’s a way to guarantee that the starting and ending balance for each statement period matches the bank records for each account you’re investigating.

This process is especially important if you’re importing transactions via PDF files (which have start dates, end dates, starting balances, and ending balances).

For example, if you indicate that the ending balance for a certain period should be $529.80 and we find $762.45 worth of transactions in that period, you’ll know something is wrong in the transaction data you imported.



To begin reconciling transactions, navigate to an account within a case you’re investigating. Here, you’ll see 3 tabs (Reconciliation, Transactions, and Analysis) along with a menu icon to the right and above the “Run Analysis” button. Click the menu button and select “Reconcile Transactions”. You can also click “Reconcile Transactions” just below the "Run Analysis" button.







Once you’ve reached the “Reconcile Transactions” screen, you can begin adding statement periods. Each row represents a statement period that includes a:

  • Start Date

  • End Date

  • Starting Balance

  • Ending Balance

The data you enter here will directly affect the monthly statement periods in the account “Summary” tab.

You can reconcile transactions at any time and reconciling doesn’t need to be completed all at once. You can add some transactions, reconcile them, add more, reconcile again, etc.

If you’re uploading a CSV file that doesn’t include any starting or ending dates and balances, you may need to reference PDF bank statements to acquire the correct information.


    • Related Articles

    • Adding Individual Transactions

      If you would like to add more transactions to the dataset, you may do so individually. Under the Transactions tab, you can click the ellipsis seen below and select "Add Transaction".

    • Finding & Editing Transactions

      After you’ve added transactions to a bank account, you can begin to normalize them. This is the process of ensuring each transaction has a complete set of accurate data. Make sure you’re viewing the “Transactions” tab within an account, then: You can ...

    • Export Transactions to Excel

      Exporting transactions to a CSV to import into Excel is very easy on our software. Below is a quick video tutorial and steps on how to do it. Click the “Manage Cases” Tab Click “Manage Case” For Your Desired Case Click the “Accounts” Tab Click “View ...

    • Adding Bank Accounts & Transactions

      To add bank accounts and transactions to a case, click “Manage Cases” and select the case you’d like to manage by clicking “Manage Case”. From there, click the “Accounts” tab. Here, you’ll find all the bank accounts that have been added to the case. ...

    • Adding More Transactions to Existing Bank Accounts

      If you need to add more transactions to an existing bank account in FraudFindr, select the account and click the import button from within the “Transactions” tab. This is the “upload” icon directly to the right of the “Filters” button. From here, you ...