A reconciliation resolves completed and uncleared transactions on an individual account during a specific month. A finalized reconciliation shows $0 as the difference between the ending statement balance and the book balance. The book balance represents the net amount in an account after all uncleared transactions have been subtracted from it. An uncleared transaction is … Read more
Reconcile an account’s transactions as shown on a specific month’s statement and including any uncleared transactions. Click on the “Financials” tab on the vertical Dashboard menu at the left side of the screen. Click on the “Reconciliations” tab. In the “RECONCILIATIONS” window that opens, click on the “+Add New Reconciliation” button at the top right. … Read more
To delete a reconciliation, it must cover the most-recent month of that account’s transactions. For example, to delete the reconciliation for April, you must delete the reconciliation for May, and to delete the reconciliation for March, you must delete the reconciliation for April, etc. After you delete a reconciliation, you can delete the reconciliation for … Read more
Note that to edit a reconciliation, it must cover the most-recent month of an account’s transactions that you have reconciled. For example, to edit the reconciliation for April, you must delete the reconciliation for May, and to edit the reconciliation for March, you must delete the reconciliation for April, etc. After you delete a reconciliation, … Read more
The “Search Reconciliations” box below the title of the “RECONCILIATIONS” window enables you to search among your reconciliations to find entries that match specific criteria. Click on the “Financials” tab on the vertical Dashboard menu at the left side of the screen. Click on the “Reconciliations” tab. To search for a reconciliation of a specific … Read more
View the details of a completed reconciliation. Click on the “Financials” tab on the vertical Dashboard menu at the left side of the screen. Click on the “Reconciliations” tab. In the “RECONCILIATIONS” window that opens, locate the completed reconciliation in the list. In the “Actions” column, open the three-dots menu and choose “View Reconciliation.” To … Read more
