Select the account to be reconciled
Select Account Status to view latest summary of active bank accounts, then select the account you want to reconcile.
Perform reconciliation of bank transaction and cash transaction
To view the reconciliation status of Bank/ Cash transactions of a particular account, click on Reconciliation details. If a discrepancy or exception occurs, you can manually reconcile items here.
Unreconciled cash transactions
The unreconciled items tab shows a list of cash transactions that have not yet been reconciled.
Select a date for reconciliation
You can only reconcile for the reconciliation date, but the user has the provision to change the statement date to any other date and view the details.
Note: Reconciliation can only be done when statement date matches with reconciliation date; for any other statement date the user chooses, no action can be taken.
Reconcile cash transactions with bank statements
A single or group of cash transactions can be reconciled with a single or multiple statement items. Check that the amount matches for both, or if there is a difference, it is within the tolerance. The value date for both should be the same.
Automated reconciliation of cash transactions
Select the target account and click on reconcile if you want to trigger automated reconciliation.
