Reconcile an Account – Foundant Technologies

To Reconcile an Account:

Navigate to the Accounts page.
Click the ID for the Account that you want to Reconcile.
Click Reconcile from the left-side menu.
Click Edit next to Statement Date.
1. Enter the Statement Date that you want to Reconcile.
2. Click Save.
Click Edit next to Statement Balance.
1. Enter the Ending Balance of the Account.
2. Click Save.
Check the box next to each unreconciled transaction until the Difference is zero.
Click Reconcile.

Note: If the Trial Balance is different than the Statement Balance, the Account will not Reconcile. The Trial Balance is the expected Account Balance, based on the previous statement.