First Reconcile

Reconciling of accounts takes place during implementation; however, you may have other accounts that require first time reconciliation at a later date. Beginning Balance: First Reconcile provides additional guidance for that type of reconciliation.

1. Navigate to the Bank Reconcile page.
   
   • Accounts that have been previously reconciled are displayed in the Reconcile Bank Account section. If the account to be reconciled is not listed, click List Accounts in the left-side menu.
2. Click the ID of the account to be reconciled.
   
   
   
3. Click Reconcile in the left-side menu.
4. Determine the reconcile option that will be used.
   
   
   

Option 1: Reverse Reconcile Process

1. Enter the applicable information, and then click Do Reverse Reconcile Process.
   • Last Reconcile Date - Use the last full month end date that was reconciled.
   • Last Reconcile Balance - Enter the balance amount from the statement.
2. Complete the process using Reverse Reconcile an Account.

Option 2: Manually Reconcile Transactions

1. Click [I will reconcile all transactions myself].
   • This allows all transactions in the system to be reconciled manually.