The transaction stays reconciled when you change the following fields:
Reference
Method
Ledger Account
Date, if it remains within the reconciled period
The transaction becomes unreconciled when you change the following fields:
Bank Account
Amount
Date, if it moves beyond the reconciled period
Sage Accounting adds a Removed from Reconciliation label in the Corrected Transaction column. The starting balance updates for the next reconciliation.
You reconcile a $500 payment, making both balances $500.
The correct payment amount is $400.
You edit the payment, and the bank balance becomes $600.
The reconciled balance stays $500.
Sage Accounting marks the payment as Not Reconciled.
The reconciliation shows Removed from Reconciliation.
The starting balance resets to $1,000.
Reconciling the corrected payment updates the closing balance to $600.
You can continue reconciling the next statement as usual.
How to edit a Reconciled Transaction
Open Banking.
Select the relevant bank account.
Open the transaction from the Activity tab.
Edit one or more of the following:
Description
Reference
Ledger Account
Date
Bank Account
Amount
Adjust Amount to Pay or Discount if required.
Select Save.
Reconcile again
Open the reconciliation page.
Confirm the Statement End Date and Starting Balance.
Enter the Statement End Balance.
Select the checkbox in the Reconcile column.
Confirm the reconciled balance equals zero.
Select Finish.
Customer or Vendor Changes
You can’t change the customer or vendor on a reconciled transaction. Delete the transaction. Create a new receipt or payment with the correct customer or vendor.
Reconciled Bank Transfers or Deposits
You can’t edit reconciled bank transfers or deposits. Reverse the transfer or deposit to remove the value from the bank account.
Audit Trail and Reports
When you edit a transaction, the system reverses the original transaction. It creates a new transaction with a new transaction number. Only the new transaction appears on reports.
Unreconciled transactions and reconciled other receipts or payments
The original transaction shows with a strike-through
A new transaction appears with updated details
Reconciled customer receipts and vendor payments
A reversing transaction appears with type Correction