Reconciliation of bank account

Tracy E Selke's Avatar

Tracy E Selke

03 Jul, 2020 08:36 PM

I started reconciling my bank statement, and quit. Upon coming back to reconcile, I have a different starting balance. YIKES! Please help!

  1. Support Staff 1 Posted by Ethan on 03 Jul, 2020 08:53 PM

    Ethan's Avatar

    Hello,

    I think that's to be expected. If you started clearing transactions, this would immediately change the beginning balance in your reconciliation process, since the beginning balance is calculate value:

    Initial Balance of the Account + Cleared Deposits - Cleared Payments

    Since you now have more cleared transactions, this value will have changed. The only way to undo this would be to unclear those transactions in your register. Select all of the transactions that you want to unclear in your register, right-click on the selection, and choose to mark them as uncleared. Presumably this should be all transactions you have marked as cleared already in this last partial reconciliation.

    Ethan
    Infinite Kind Support

  2. System closed this discussion on 02 Oct, 2020 09:00 PM.

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