Reconcile Transaction
Reconciling is the process of comparing internal financial records against monthly statements from external sources—such as a bank,
credit card company, or other financial institution—to make sure they match up.
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Reconciling Checks
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Select first the Bank and the Bank Account where you will reconcile the checks for.
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You can download the template file to be your guide.
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Make sure the XLS file is formatted correctly.
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Click Choose file and select the file you wish to upload.
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Click Reconcile Checks button.
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A confirmation message will appear.
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You may change the Date Negotiation before confirming.
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Click Yes to continue.
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Once done, head to Navigation Panel > Expense > Check.
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The check will be in Reconciled status after reconciling.
Note:
Only checks that are Released can be reconciled.