Reconciliation
With Printcost, you can reconcile your transactions.
On this page:
Table of Contents:
Reconciling Your Bank Statement
Before you begin
Before reconciling, ensure that:
- you have a copy of your bank statement ready
- the relevant journal entries have been added, and
- For example, in the General Ledger, ensure that journal entries for all cheque payments, automatic payments, interest and bank fees have been entered for the period being reconciled.
- the GL Batch Detail window is displayed.
- Note: To do this, on the left-menu, click under General Ledger, click G/L History. On the Selection window, click Bank Reconciliation. The Enter Parameter window is displayed. Ensure you have the correct bank account selected and press OK. Press Select.
To reconcile your bank statement:
- On the GL Batch Detail window, click Bank Reconciliation.
- Result: A list of transactions is displayed.
- Click the transactions that match what is on your bank statement.
- Note: You can click Check All to reconcile all transactions in the list.
- Click Accept.
- Result: The selected transactions are reconciled.