I did mean bank statement, thank you. I'm aware of how reconciliation works. I'm actually an accountant by trade. $1000 is a trivial transaction of course, but

I did mean bank statement, thank you. I'm aware of how reconciliation works. I'm actually an accountant by trade. $1000 is a trivial transaction of course, but reconciliation becomes challenging when its thousands of transactions per month of differing amounts. If anything, transactions not matching the bank statement is a good way of increasing your audit fees as the auditor struggles to make sense of what your accounting system has recorded.