How To Reconcile Your Account General Accounting>Bank Reconciliation

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