Banking Tabs: Bank Trx, Reckon1 Trx vs Fast Coding

BABB
BABB Member Posts: 2 Novice Member Novice Member
in Reckon One

New Reckon User here. What difference would it make to bankrec page & Account Enquiry/General Ledger if I code bankfeed data via Bank transactions page vs Fast Coding page? I noticed that transaction status only becomes orange (CLEARED) if I used Fast Coding. Is it possible to accidentally delete a bankfed transaction, or when a bankfed transaction is deleted, it will automatically go back to uncoded in Bank Transactions and Fast Coding page? Thank you

Answers

  • Lucas
    Lucas Reckon Staff Posts: 563 Reckon Staff Reckon Staff

    Hi @BABB,

    Welcome to the Reckon family!

    I highly recommend taking a look at our knowledge article pages that should be able to get you up and running quickly. It will teach you everything you need to know about the individual sections of banking:

    https://help.reckon.com/article/qtf1okxbgq-qtf1okxbgq-bank-accounts

    If you were to remove a transaction from the 'Bank transaction' section it will be completely removed and you are unable to undo it. You would need to import the transactions again by using a QIF or CSV file to fix the reconciliation process.

    Thank you and speak soon.
    Lucas

    Lucas.png
  • BABB
    BABB Member Posts: 2 Novice Member Novice Member

    thanks lucas. If i remove transaction not from Bank Transaction page, but i remove transactions from Reckon One Transaction page.. the transaction will be back as uncoded in the Fast Coding page, right?


    thank you for the link, i will look into it later. Im trying to lodge bas before due date so this quick info is reallllly valuable. Thanks mate!

  • Lucas
    Lucas Reckon Staff Posts: 563 Reckon Staff Reckon Staff
    edited February 26

    Hi @BABB,

    That's correct, if you remove the bank transaction from the Reckon One transaction page it will be uncoded and sent back into the Bank transactions page. I know it can be a lot to get familiar with initially but it'll start becoming clearer 🙂

    Thank you and speak to you soon.
    Lucas

    Lucas.png

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