Why are you requesting my bank statement?

When conducting bank account reconciliation, it is necessary to upload your bank statements monthly to Pocket's "Reconciliation" section to complete the process. It is considered a best practice in bookkeeping to reconcile the accounting records with your bank statements. The PDF statements contain beginning and ending balances, allowing you to verify that there are no duplicated or missing transactions in your accounting records. This serves as a check-and-balance in bookkeeping.

Consequently, you will receive To-Do reminders to upload your statements monthly to enable the Pocket team to finalize the reconciliations.