Feature available for all editions of the software.
Before you begin: Please note that permissions to your access profile may be required to perform the following steps. We invite you to validate your access with your software administrator.
Step 1: Click on the "Finances" tab of the main menu.
Step 2: Select the option "Bank reconciliation" under the "Accounting" category.
Step 3: Click on the "Add" icon to start a new bank reconciliation.
Step 4: Double-click on the account to reconcile.
Step 5: Confirm the dates of the reconciliation period.
The software suggests default dates based on the last reconciled period.
Step 6: Enter the account balance on the end date. This is the balance shown on your bank statement.
Step 7: Select all transactions that appear on the bank statement for the period.
Step 8: Click on the green check mark to save the bank reconciliation.
Result:
If your bank reconciliation does not balance, your latest changes will be saved, the bank reconciliation window will close, and you can return to it later
If your bank reconciliation balances, i.e., the difference is 0.00, you will be offered the following options:
If further changes need to be made to the bank reconciliation, click "Do not close". The bank reconciliation window will close, and you can return to it later to make changes. If you are ready to finalize your bank reconciliation, click "Close".
NOTE: If you have saved the bank reconciliation and now want to close it, you will need to make a new change (for example, uncheck and recheck a transaction) to make the green check mark appear.