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How to do a Bank Reconciliation

In AltheaSuite you can do a Bank Reconciliation to ensure the Bank account transactions recorded in AltheaSuite matches with your actual Bank Statement.
 

Step 1 :  Login to your AltheaSuite account.

Step 2 :  Navigate to Finance Books > Bank Reconciliations > New

Step 3: Select the Bank Account you want to reconcile.

Step 4: You can also apply a Date Range to list the transactions of a specific Date range.

Step 5: If the Date Range is selected and you mark the checkbox Show All Unreconciled Transactions, the From Date will change to the first transaction’s Date that is yet to be reconciled. To Date will remain the same.

Step 6: If you mark the checkbox Show All Transactions, all the reconciled and unreconciled transactions of the selected Bank Account will be listed. The checkbox to select the transactions will be greyed out for the reconciled transactions. 

Step 7: Select the transactions you want to reconcile and click Save.

 
Cancel a Bank Reconciliation
 
Step 1: Go to Finance Books > Bank Reconciliations. Click Cancel from the context menu (3 dots) of the Bank Reconciliation you want to cancel.
 
 
Step 2: You will see all the transactions reconciled in this document. Select the transactions you want to cancel and click Save.
 
 
Step 3: You will get a confirmation message, click Yes.
 
 
Step 4: A document for canceled reconciliation is created with type Reverse. When you create a new Bank Reconciliation, the canceled transactions will again show up and you can reconcile them.
 
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