when you reconcile should the cleared balance be the same as the beginning balance?

No, your beginning balance is your starting point. It automatically carries over from your last reconciled period and matches the opening balance on your bank statement.

On the other hand, the cleared balance updates dynamically as you check off deposits and expenses. Your actual end goal isn't to get back to where you started, but to reach where your bank statement ended. Once every transaction is checked off and aligned, the difference on your screen will hit $0.00.

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