Bank Reconciliation

Menu option is Month End > Bank Reconciliation. The complete G/L Bank Reconciliation tool is activated by checking the box Use G/L Bank Rec in Settings > Accounts Payable  > General Options. Note:  A requirement in usin...

This is a simplified version of bank reconciliation, which displays only AP payments, both checks and EFTs, and allows you to mark them as cleared, to assist in reconciling cleared checks with your bank statement. Click here for details on a...

Imports bank or check reconciliation from the bank. The bank sends a file, which is typically a text file. This process reads that file and clears the checks in the file if the check# and amount from the file match up to the data within S...

Here are the steps we recommend that you use in a typical bank reconciliation. Steps to follow for a bank reconciliation: Assume that we finished the April 2019 bank reconciliation And you now wish to start with the Month of May. ...

Process for Daily Bank Reconciliation Here are some key things to remember if you are doing daily bank reconciliations. Daily bank reconciliation.  Some clients wish to reconcile to the bank balance during the current month.  For exa...