Summary
How to resolve transactions from the previous month on the bank reconciliation in Sage 50 Accounting.
Cause
- The bank hasn’t cleared the transactions
- There are reversals that shouldn’t exist
Resolution
- The previous months' outstanding transactions can clear on the current or future month once they show up on your bank statement.
- If the outstanding transactions cleared already but are still showing on the transactions tab, do a bank reconciliation reset to correct it.