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Balance discrepancy between Mynt and your accounting system

How to compare your Mynt balance with your accounting system.

If the balance in Mynt doesn't match the balance in your accounting system, it's usually because Mynt's current balance also includes reserved transactions.

Reserved transactions are purchases that have been authorised but not yet completed (settled). They affect your available balance in Mynt immediately but aren't recorded in your accounting system until the transaction has been settled.

To compare your balance with your accounting records, use the Balance column in your account statement.

Download an account statement

  1. Log in to the Mynt website.

  2. Go to Account in the left-hand menu.

  3. Click Account reports.

  4. Open the Account statement tab.

  5. Select your preferred date range.

  6. Choose whether to generate the report as a PDF or Excel file.

  7. Click Generate.
    Note: You can download up to 12 months of account statements at a time.


Check the running balance

In both the PDF and Excel versions of the account statement, you'll find the running balance in the Balance column.

This column shows the balance after each completed transaction, making it easy to compare your Mynt balance with your accounting records.


Example – Excel


Example – PDF


Why does the balance differ?

If the balance in Mynt differs from your accounting system, it's usually because there are reserved transactions.

Reserved transactions:

  • affect your balance in Mynt immediately

  • don't appear in the account statement until they have been settled

  • aren't recorded in your accounting system until the transaction is completed

Because of this, there may temporarily be a difference between the balance shown in Mynt and the balance in your accounting system.


Frequently asked questions

Which balance should I compare with my accounting system?

Use the Balance column in your account statement. It shows the running balance after each completed transaction.

Why doesn't Mynt's current balance match my accounting system?

Mynt's current balance includes reserved transactions. These transactions are only recorded in your accounting system once they have been settled, which may temporarily cause the balances to differ.


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