Bank Reconciliation

Reconcile Bank Statements

1. Click on "Banking" option on the side navigation bar.
   
   
2. You will be directed to the Banking List page. Navigate through the list of banks and select the relevant bank account for reconciliation. 
   
   
   
   
3. Click on the Reconcile button located in top right corner.
   
   
   
   
4. You will be directed to the Import Transactions screen. Click on the Import Statement button.
   
   
   
   
5. Browse and select your bank statement file.
   
   
   
   
6. After selecting the file, click on the Continue button.
   
   
   
   
7. Format your data: Specify the number of columns in your bank statement. Select the date format used in the statement after selecting, click Continue.
   
   
   
   
8. Map the columns according to your bank statement and click Continue.
   
   
   
   
9. Select the transactions you want to import and click on the Finish button.
   
   
   
   
10. A confirmation popup will appear asking whether you want to Save. Click Yes to continue or No to cancel.
    
    
    
    
11. A success message will appear once the import is complete.
    
    
    
12. Click on the Exit button to return to the bank list. Choose the same bank again and double-click to open it.
    
    
    
    
13.  Click on the Reconcile button
    
    
    
    
14. The imported transactions will now appear in the Review Table. Review them carefully and select the transactions you want to add and click on Accept
    
    
    
    
15. Navigate to the Reconciliation tab and enter the statement ending balance and date and click on Reconcile button.
    
    
    
    
16. Check the withdrawals and deposits against your records.
    
    
    
    
17. Once all items are matched, click on the Complete Reconciliation button to finish the process.