PSA L&P - Bank Reconciliation: How to save for later and update ending balance

I would like to be able to start my Bank Reconciliation early in the month and work on it throughout the month.

In ParishSOFT Accounting, you may start your Bank Reconciliation early in the month, setting the Ending Balance to 0.00 or any number, then save it (by clicking Submit) to go back in for later updates. The only field that cannot be updated is the Statement Date. As the Statement date is typically the same day of the month, simply project the Statement Date.

You may begin this Bank Reconciliation early in the month. Begin marking entries as the Bank clears them. As long as there is a Difference in the bottom right field, submitting the Reconciliation will save the work you have done so far.


How to update the Ending Balance in an open bank reconciliation

When you receive your statement, you may update the Ending Balance, Service Charge, and Interest Income fields from within the (still opened) Bank Reconciliation. Presumably, the difference will then be zero and you may submit to close this Bank Reconciliation.


Related Articles

How to reconcile your bank statement Basic Steps/Instructions 


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