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How to Remove "Balance Forward" on Statements

Accounts NZAccounts NZ Member Posts: 39
edited September 2019 in Accounts Business Range
Hello! I am using Reckon Accounts Plus 2018.

I would like to send customized statements to customers, without included forwarded balances. 

I wait until I reconcile with the bank statement to apply payments to invoices, but I keep a record of invoices that have been paid outside of reckon accounts so that when I send statements, I can customize the date range so I don't include invoices that have been already been paid. As I don't reconcile until the 2nd or 3rd of each month, but want to send statements by the last day of the month that means that some customers have a "balance forward" even when I customize the statement period to only include the open invoices. Is there a way to adjust the statement so it doesn't include a "balance forward"?

Many thanks!

Comments

  • Acctd4Acctd4 Accredited Partner Posts: 893 ✭✭
    edited September 2019
    Hi Accounts NZ

    Am a bit puzzled as to why you don't apply payments until you reconcile the bank account?
    Statements are designed to reflect a customer's account activity but if all of their activity isn't up-to-date, it can't work ...

    Personally, I find "reconciling" (in RA) as per the actual bank account's statement (end) dates is the most efficient & accurate for source document cross-referencing.
    However, I still enter the transactions so my (RA bank) account matches with the actual account's running daily balance.

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]


    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    https://www.accounted4bs.com/

  • Accounts NZAccounts NZ Member Posts: 39
    edited June 2019
    Thanks for your reply Shaz. Certainly, I do understand your confusion. The woman who was doing accounts previously was having difficulties with creating double entries when inputting the transactions and then reconciling later, so the boss has specifically requested that I wait until reconciling to enter the transactions. I have a physical document which I use for tracking prior to reconciling.
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