Select Get started to quickly review the bank account's last reconciled date and balance (if the account has previously been reconciled), then fill in details for the next reconciliation, including your statement date and ending balance from the statement.
Note: For an account that has never been reconciled in Financial Edge 7 or Financial Edge NXT, enter the last manually reconciled balance for the Starting balance, or the beginning balance. Note that this balance may be zero.
Select to reconcile:
Using bank feeds (recommended) - use when bank feeds are enabled, and an online bank account is linked to this bank account in Financial Edge NXT.
Manually - use when bank feeds are not enabled.
Warning: Alerts detect unposted subledger or general ledger journal entry transactions that may cause the GL cash account to be out of balance. We recommend you post these transactions before continuing with the reconciliation process.
Use estimates at the bottom of the page to quickly gauge your cleared transaction balance and GL cash account balance up to this point.
Note: Keep in mind you can Save and close, and return to your reconciliation process at any time. When you save and close, all of your progress saves. Unless you save and close or reconcile, the only changes that save are adjustments you add and bank drafts you record.