Click Next to advance through the Demo.
Click Prior to go back to the previous step.
Click Prior to go back to the previous step.
Use menu option Ledger | Bank Reconciliation to open the requisite window.
Bank accounts used by the company are shown.
Double click the requisite bank to open the detail window.
Double click the requisite bank to open the detail window.
For items that have been processed/cleared by the bank, double click in the 'Cleared' column to assign a clearing number. Summary totals are updated as items are marked.
When there is a sundry item on the bank statement (charges, fees, interest, etc.) you can use 'Sundry Item Journal' to create a transaction for the amount.
Here £15.00 for a bank fee, allocated to Office Expenses/Admin.
The sundry item is now shown and can be marked as cleared.
When complete click the 'green tick' icon to update the Ledger with the cleared items.
When complete click the 'green tick' icon to update the Ledger with the cleared items.
Back on the main list window, place a tick in 'On drilldown show only reconciled items' and double click the bank account to open the detail window.
Now the detail window shows reconciled items. When you have marked an entry in error, you can remove its clearing mark and post the update to the Ledger.
With internet bank you can download a file containing items processed by the bank.
Click 'Auto Bank Rec' to use such a file.
Click 'Auto Bank Rec' to use such a file.
Set the file layout being used and file location.
If your layout is not listed then select Generic (CSV) and set the column values containing the data to be used.
Click OK to perform the automatic reconciliation.
Click OK to perform the automatic reconciliation.
Items are matched on value and reference data.
Items left un-reconciled in the bank download are presented in a window for manual reconciliation.
Items left un-reconciled in the bank download are presented in a window for manual reconciliation.
