How To Reconcile Your Account General Accounting>Bank Reconciliation |
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Overview How to Reconcile an Account. Step 1 - Select the Bank Account to be Reconciled (Fig.1). Fig.1
Step 2 - Compare Disbursements, Receipts, and Adjustments to the Bank Statement. Check off the items that have cleared. Ending Balances should be equal to each other (Fig.2). Fig.2
Step 3 - When Ending Balances are equal, check the Reconciled checkbox and click Save (Fig.3). Fig.3 |