Bank reconciliation

PeriodicalBank expensesreconciliation

To addView PeriodicBank Expenses,Reconciliation, Go to Account >> Transaction >> PeriodicalBank expensesReconciliation

Bank Reconciliation is process of comparing accounting records to a bank statement to identify differences and make adjustments or corrections.

After clicking onBank periodical expensesReconciliation you will be shown a screen as below which is a list of previously added expenses termed as Periodic Entry. To add we need to press ‘alt+2’ or click on ‘PENCIL’ icon on upright corner of the screen as shown below

After clicking ‘Pencil’ icon, You will be redirected to screen shown belowbelow,

which allows you to enter new expense record as per requirement and add it to the list.

Here we can view transactions of Bank Account mentioned in the Account Name section if there is any performed.

 

In ‘ADD ENTRY’ you update information by filling marked fields which allow you to add your expense and showcase it to you after clicking ‘ADD’ creating a list as shown below which can be saved by clicking ‘SAVE’ and the saved list can be viewed by clicking ‘EYE’ icon on upright corner as shown in first image of this Heading.  

After pressing ‘EYE’ you will reach main page where we started.

As you view the list you can update/change, view and print the saved expenses as well.