How to reconcile a bank account

Set up the reconciliation

1. Go to Banking.
2. Select the bank account tile you want to reconcile.
3. Select Reconcile.
4. Enter the required details:
   

   Statement Date	Enter the end date of the bank statement.
   Statement End Balance	Enter the ending balance from the bank statement.
   Reference	Enter a reference, such as a page number or statement date.

5. Select Apply.

Reconcile transactions

1. Complete the bank reconciliation as follows:
   

   Reconcile all transactions	Select Reconcile All Entries on the Interest and Charges menu.
   Reconcile transactions one at a time	Select the checkbox in the Reconciled column.
   Record bank interest or charges	Select Interest and Charges, complete the fields, then select Save.

2. Ensure the balance matches the target balance.
3. Confirm the difference equals zero.
4. Select Finish.
5. To save progress, select Save for Later from the Finish menu.
6. To view reconciliations, go to the bank account and select Reconciliations.
7. To print details, select Print.

If you can’t reconcile the difference to zero, refer to the article How to fix bank reconciliation issues.

Setting Up Bank Feeds for Accounting