How to reconcile a bank account

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Solution ID:

221924750012025

Last Modified Date:

Mon Oct 26 17:53:26 UTC 2026

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Category//Year end

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How to reconcile a bank account

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Resolution

You’ll need to post your accounts to the General Ledger before you reconcile if you are in batch posting.

Select Tasks, and then click Account Reconciliation.
Select the Account to Reconcile from the list.
Enter the Statement Date from your bank statement.
- If reconciling your Credit Card: Enter the statement ending balance as a negative number. See How can I record credit card purchases for my business? for more information
Click the up arrows button on the lower left to expand the bottom section.
Enter the Interest Income, Service Charges, and then enter the Statement Ending Balance from your bank statement.
- Interest Income and Service Charges must be dated within the month of the selected statement date
Clear all the transactions from your bank statement.
When complete, click OK.

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