The bank account register displays transaction information specific to the bank account, such as current balance, last reconciled balance and date, ending balance, and detailed transaction information.
When bank feeds are enabled, and an online bank account is linked to a bank account in Financial Edge NXT, the online bank account balance and date of the last download appear. To initiate the download and clear process again, click Refresh.
Tip: With bank feeds, reminders display at the top of a register. For example, when downloaded transactions do not automatically match, a reminder appears at the top of the register displaying the number of transactions that were not automatically matched. A reminder also displays when the linked, online bank account needs to be updated. For more information, see Bank Feeds.
From the register, you can open and edit specific transactions, reconcile the bank account, view reconciliation history, and add adjustments.
You can reorder the columns in the bank account register list by dragging and dropping the column headers. To change the column headers, click Choose columns, select what to include, and click Apply changes.
To locate transactions within the bank register, use the register filters. For example, you can specify the transactions that display, or a particular date or date range. Once you select your filters, select Apply filters to filter the grid.
Use adjustments to record bank account transactions such as interest earned, service charges, balance adjustments, and transfers between bank accounts. To add an adjustment, select Add an adjustment. For more information, see Bank Account Adjustments.
You can review the bank account's reconciliation history when you select View reconciliation history on the bank register action bar. The Reconciliation History screen displays the date and ending balance for each reconciliation.
You can specify a default date for setting a transaction status to "cleared" when you select Set default clear date from the bank register action bar.
To review a bank account's bank feed, select Open bank feed from the bank register action bar. This option displays on the register in Financial Edge NXT when:
Bank feeds are enabled
An online bank account is linked to the bank account
From the bank feed list, you can review and filter the list of downloaded transactions, review statuses, and manually match transactions. For more information, see Bank Feeds.
To reconcile a bank account, select Reconcile from the bank register action bar.
From the Reconcile page, you can specify a statement date and ending balance, select to reconcile manually or with bank feeds, match and clear transactions, and review your register prior to reconciling. For more information, see Reconcile Bank Accounts.
When bank feeds are enabled, you can download and automatically match bank feed transactions to Financial Edge NXT transactions. When transactions do not automatically match, a reminder appears at the top of the bank account register displaying the number of transactions that were not automatically matched. To review and manually match them, select Click here to view and match. For more information, see Manually Manage Transactions.