Forum Message

Bank Recociliation

When the actual bank balance does not tally with the accounts, how do I make a manual adjustment?


Posted by Richard Kirk on Dec 11, 2014 4:41 PM GMT

Hi Richard,

If your bank balance doesn't match the balance of the Cheque Account in Solar Accounts, the best solution is to perform the bank reconciliation procedure. Firstly go to the Accounts list and double-click on the Cheque Account and ensure the Opening Balance matches the figure on your bank statement at the start of your financial year (or the date when you started entering transactions into Solar Accounts). Then click menu Tools > Reconcile bank statement and perform the bank reconciliation process as described here:
http://www.solaraccounts.co.uk/help/how-to-reconcile-a-bank-statement.php

Regards,


Posted by Mark McLaren (Solar Accounts) on Dec 12, 2014 2:46 PM GMT