Banking Reconciliation
Steps to Reconcile Bank Account
Make sure you enter the correct RECONCILE DATE
Choose the correct Account from the drop down list.
Choose NEW from the Reconciliation date drop down list. In the picture it's called “Bank Statement”
For Reconcile Date type in the ending date of your bank statement.
The Beginning Balance will automatically generate from the last reconciliation date. If this does not appear to be the correct balance, review last months reconciliation as there may be a transaction missing.
Enter your Ending Balance
Check all cleared deposits and payments/debits for that month. Where the Red Arrow is pointing
When the Difference is equal to $0.00 you are done reconciling.
Click on “Reconcile”
Documentation for NAP Online Bank Reconciliation
Document Created: 2012/04/23, by yeseniar