Bank Reconciliation > Reconcile Bank Account > Save Bank Reconciliation Process

The bank account reconciliation can be finalized when the total amounts entered in the Information from Bank area match the amounts shown in the Information from System area of the Information Page and that the bank reconciliation is not out-of-balance.

To save the newly reconciled bank account information, perform the following steps:

1.Click the Save button in the Transactions toolbar. AccountMate displays a dialog box requesting confirmation to finalize the bank reconciliation. Click Yes to confirm; otherwise, click No.

2.If the bank account is not reconciled, any of the following appear depending upon the applicable scenario:

•Out-of-balance dialog box - if the net amount in the Information Page's Information from Bank section is not equal to the difference between the amounts in the Previous Statement Balance and the Ending Statement Balance fields.

•Message displaying the specific transaction amount that must be reconciled - if the values in the Information Page's Information from System section do not equal to the values in the Information from Bank section of the same Page.

3.When the bank reconciliation is finalized, the date in the Ending Statement Date field will be used as the ending statement date for reconciled bank transactions of the finalized reconciliation. This means that those transactions reconciled in the finalized reconciliation will not be included in subsequent bank reconciliations for other statement periods.

Notes:

•If you want to exit from this function before the reconciliation process is complete, you can save the bank reconciliation and return to this function later to continue and finalize it.

•If the amounts are out-of-balance, you may opt to continue saving the bank reconciliation by clicking Yes in the out-of-balance dialog box.

•If the message appears displaying the specific transaction amount that must be changed, click Close to save the bank reconciliation and access it again later to continue with the reconciliation.

Save Bank Reconciliation Process

Save Bank Reconciliation Process

See Also