In Aritma Control, you can choose between Bank Reconciliation or Interim.
You select the reconciliation type in the first step of the account setup wizard when creating a new account:
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Bank Reconciliation is used when you have two sets of data that need to be reconciled against each other. The most common example is reconciling a bank account in the accounting system with the electronic account statement from the bank (bank reconciliation). However, in Control this type is also used when reconciling an account in the accounting system against other data, such as intercompany balances or customer/supplier ledgers.
Here you can read more about the different types of reconciliation where Control can be used: