Maddy on 11 Jun, 2021 09:45 AM
Thank you for contacting Moneydance support.
The reconciled balances in Moneydance are a calculated from: Initial Balance of the Account + Cleared Deposits - Cleared Payments for further details, please refer to this article of the Knowledge Base on Reconciling.
I hope this information is helpful. Please let us know if you have further questions or need more assistance.