Reconciling Your Bank Statement

Navigation: From the Main Menu, select Vendor Entry. Then click the orange Checkbook button.

Before reconciling:

• If the orange button in the center says Reconcile, press it.
• Make sure the Show Reconciled box is unchecked.
  

To reconcile your bank statement, find each transaction on your statement in the transaction list, and click the Cleared checkbox for every transaction that is found on the statement. To help you find the transaction, you have several options:

• You can type the amount in the yellow box above the Amount column
• You can type the first part of the description in the yellow box above the Description column.
• You can enter the check number above the Check # column
  

You can click the various column headings to resort the list. For instance, clicking on the Amount heading will sort the list by dollar amount. Remember that ($1000.00) is a negative number and it comes before zero, and zero comes before $1000.00.

When you mark all the necessary lines as Cleared, the Ending Bank Balance in the bottom left should reflect the ending bank balance on you bank statement.

If they do not, either you checked too many or too few, or a dollar amount did not match. If you need to enter more transactions, click one of the six New buttons (see below) and enter them. When the Ending Bank Balance matches:

• Enter the bank statement date bottom right
• Press the Finish Reconciling button.
• The cleared items will be reconciled, and balances will be adjusted.
  

Reconciling – Details

Mark All as Cleared

Click this to mark all of the transactions in the list as Cleared. If most if your items have cleared, press this button first, then uncheck the items that have not cleared.

Unmark All Cleared

Click this to uncheck all the boxes in the Cleared column.

Bank Statement Date

This is the period ending or closing date on the bank statement.

Finish Reconciling

When the Ending Bank Balance in the Cleared column in the bottom left matches the ending balance on your bank statement, enter the Bank Statement Date in the bottom right, and press this button. The cleared items will be reconciled, and balances will be adjusted.

Cleared Amounts Column

These amounts are totals that should match the totals on your bank statement. They represent activity in the current period, and are the totals of the items with a checkmark in the Cleared column. When the bottom number matches the ending bank balance on your statement, you are ready to press the Finish Reconciling button.

Not Cleared Amounts Column

This column represents transactions that have been entered into AutoFluent that have not yet appeared on your latest bank statements. They are totals of the items without a checkmark in the Cleared column.

Not Reconciled Column

These totals represent both Cleared and Not Cleared transactions. In other words, this column is a sum of the two columns to the left of it. If the Show Reconciled box is unchecked, these numbers represent the totals of all the items in the list.

More:
Checkbook Window
New Check Button
New Deposit Button
New Daily Deposit Button
New Fee Button
New Interest Button
New Payroll Button