Creating and Posting a Reconciliation

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Accounting > General Ledger > Schedule Reconciliation

Within the Schedule Reconciliation Screen:

1. Input the Schedule Number.

-or-

Select the magnifying glass to browse the schedules, and select the line of the corresponding schedule.

2. Input the Account Number.

-or-

Select the magnifying glass to browse the accounts on the selected schedule, and select the line of the corresponding account.

3. Add a Control Number, if applicable.

∟ This field is not required, as all controls on this account may be reconciled at the same time.

4. Click the Write Off Minimum dropdown and select either Yes or No.

∟ If Yes has been selected, input the Amount Range.

∟ The Amount Range is the Balance Forward on the schedule for the account selected.

5. Click the [Reconcile] button.

6. Mark all applicable entries needed to be reconciled.

If the Amount Total Field is $0.00:

Within the Schedule Reconciliation Screen:

7. Once all applicable entries have been marked, click the [Post] button in the Action Ribbon to open the Select Journal Number window.

8. Click the Journal Number dropdown and select the corresponding journal.

9. Click the [OK] button.

10. Click the [Post] button to the Post Reconciliation prompt: “Post transactions now?”

If the Amount Total field is other than $0.00:

Within the Schedule Reconciliation Screen:

7. Once all applicable entries have been marked, click the [Post] button in the Action Ribbon to open the Schedule Reconciliation Posting window.

8. Input the Account number.

9. If the account is controlled, input the Control.

10. Input the Description of the posting.

11. Click the [Post] button to open the Select Journal Number window.

12. Click the Journal Number dropdown and select the corresponding journal.

13. Click the [OK] button to post.

· All reconciliations receive a Key number that can be viewed in Accounting > General Ledger > Schedules.