How to reset the bank reconciliation

Steps to reset or clear previous bank reconciliations in Sage 50 Accounting.

 NOTE: When using Sage 50 2020.2 or newer, with a Sage 50 CT subscription, try reversing a single bank reconciliation before resetting all bank reconciliations.

Get a list of Outstanding Transactions

1. Create a backup of your data.
   • You'll lose previously completed bank reconciliations
2. Go to Reports, Banking, Account Reconciliation Report.
3. Under Report type, use Summary Report with Outstanding Transaction Detail.
4. Select the proper bank account, then select the proper Start Date and Finish Date.
5. Select Report By Statement End Date.
6. Click OK to view the report.
7. Click Print or Open in Excel to save this report.

Clear the Bank Reconciliation

1. Go to Company, Chart of Accounts.
2. Double-click on your bank account.
3. Select the Reconciliation & Deposits tab.
4. Uncheck the box beside Save Transactions for Account Reconciliation.
5. Close the account by clicking Save and Close.
6. Select OK to remove all reconciliation information.

Re-enable the bank account and set up the bank reconciliation again

How to set up bank reconciliation