How to adjust bank balance in Reckon One due to incorrect setup

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  • Updated 1 year ago
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When my reckon was first set up , my bank balances were not set in, therefore what shows as my bank balance in reckon does not match my real bank balance on statements. How can I do an adjustment to correct so I have it accurate for my reckon reconciliation etc. Thank you
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JenR

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Posted 1 year ago

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Luke, Technical Support Team Leader

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Hi JenR,

Thank you for your query and welcome to the Reckon Community!

In order to enter an opening balance of a bank account please follow the below instructions:
1. Go to Banking > Bank accounts
2. Click the spanner icon to the right of the bank account
3. Underneath the heading 'Important Dates' you will see an 'Opening balance' field - enter the relevant figure here
4. Click 'Save & close'

I hope this helps.

Luke.
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JenR

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Thank you
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JenR

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Hi again Luke - Re your answer to my Q. above, if I want it to be correct for this new financial year, then what dates am I entering at:  'Date account opened.'  & also at 'Transactions lock off date.'  Thanks again.
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Luke, Technical Support Team Leader

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Hi JenR,

The 'Date account opened' field is the date you opened the account in real life (not in Reckon One). This field is not compulsory, so you don't have to enter a date here. It won't effect your transactions or reconciliations.

The 'transactions lock off' field is where you can enter a date of where you want to lock off a certain period so that transactions in that period cannot be edited/deleted. E.g. if you enter in the date 14/10/2017 - any transactions before this date will be locked. Once again you don't have to enter a date in this field if you don't want to.

Hope this helps.

Luke.