- Open the Bank Reconciliation screen from Cash Management module > Activities folder > Bank Reconciliation.
- In the Bank Account field, select the Bank Account you want to reconcile.
- Enter the date appearing on your Bank Statement in the Statement Date field.
- Enter the ending balance appearing on your Bank Statement in the Bank Statement Ending Balance field.
- Check the transaction in the Payments and Debits and Deposits and Credits panels that appears on your Bank Statement. If all transactions shown on your bank statement are present in these panels but there are left unchecked transactions in these panels, then that transaction/s might be part of the next bank statement or might have not been recorded by the bank. In that case, you may call your bank to verify that transaction/s. This scenario then results to a negative amount in the Difference field at the bottom left corner of the screen. This amount equals the transaction that was left unchecked.
- If you would continue with reconciling this, the unchecked amount will be appearing on the next reconciliation as transaction available for clearing. See
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