How to change Opening Balance on Reconciliation

G. Daniels

Hi guys. Need help on the 'Opening Balance' for Reconciliation. I cant reconcile because of the opening balance. I did try to change the opening balance of bank account however, this keep on popping

• This book has been locked off until 30 June 2019. Transactions dated on or before this date can't be added, edited or deleted unless the lock off date is changed

On the Opening Blance box underneath it it says "As at 30 June 2019". Is there a way to change the lock off date? Thank you.

Kris_Williams

Go to the cog up on the top right, settings, book settings, lock date. Mine doesn’t have a date in that field

G. Daniels

Thank you. Was able to change the date however, the Opening Balance on the Reconciliation page is 0.00. It says the opening balance is from the previous reconciliation but this is the first time we use the Reckon One. How can we change the opening balance?

Kris_Williams

I’m not using this part of Reckon One but if you go to the bank tab I see there's a spanner on the right hand side and in there is an opening balance tab, try that, good luck

G. Daniels

Hi Kris. Thanks for the reply. We were able to change that opening baseline on the bank tab however, on the reconciliation the opening balance is still 0.00

Kris_Williams

I don’t use the bank rec in Reckon One but am very familiar with Reckon Hosted, so I don’t want to steer you in the wrong direction, I’m happy to have a quick look at your file if you would like. I have some suggestions based on Reckon Hosted but not willing to tell you without checking it out first. Give me a quick call this morning if you are free 0415940843

Jason Hollis

G. Daniels

Hi Jason. Thank you for your reply. Got it. 

There is another post I've made on how can I allocate a multiple transfer, which is a single transaction on the bank, to the payrun I've made of several employees (which is an individual transaction on Reckon Transaction). I've made an ABA file for the payrun, so it seems that it came out as a single transaction in the bank than individual transaction for each of the employee.

Jason Hollis

I manage this by creating bank payments through a clearing account (type = bank account) that manages my ABA. You then create a transfer from the clearing account to the bank account in Reckon One so the clearing account goes back to 0.00 and the bank shows the correct (single) amount. The development team are aware that this is not ideal (especially if you use bank feeds) and it is marked for review at some point down the road.