#TipTuesday - Make your bank reconciliations easier 🧮

Kris_Williams
Kris_Williams Member Posts: 3,583 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
in Accounts Hosted
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#TipTuesday - Make your bank reconciliations easier!

Bank reconciliations can be very daunting at times, especially to small business owners who don’t have a lot of bookkeeping experience.

With Reckon Accounts or Reckon Accounts Hosted, I always advise people to reconcile one page at a time, entering the closing date and balance at the end of each page. This way when you go into the bank reconciliation window you can tick the Hide transactions after the statement’s end date checkbox.

In most cases you can then click on Mark All and voila! The balance should be zero!

If the balance isn’t zero then you only have a single page of transactions to check on, firstly by unmarking all and then ticking one at a time.

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Comments

  • Rav
    Rav Administrator, Reckon Staff Posts: 16,226 Reckon Community Manager Community Manager

    Thanks so much for being part of @#TipTuesday and also for the continued support you've provided your fellow members @Kris_Williams, we love having you here on the Community!

    Excellent tip as well!

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    🎉 Get rewarded for contributing to the Reckon Community! Learn how you could get a $100 gift voucher each month HERE.

  • Kris_Williams
    Kris_Williams Member Posts: 3,583 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    glad to be able to help @Rav

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