How to: Complete a bank reconciliation.

Environment: Comsense Enterprise

In this article: 

1. Before the Bank Reconciliation
2. Accessing Bank Reconciliation
3. Creating a New Bank Reconciliation
4. Completing the Bank Reconciliation

Before the Bank Reconciliation

Before any bank reconciliations in Comsense, you must:

• Enter any manual journal entries
  • E.g. interest charges, service fees, loans, or automatic withdrawals
• Close all cash drawers
• Complete any deposits
  • Especially automatic deposits
• Have your bank statement

Accessing Bank Reconciliation

Enterprise > General Ledger > Bank Reconciliation

Creating a New Bank Reconciliation

In the Bank Reconciliation window:

1. Click New

In the Bank Account window:

2. Select the applicable bank account

3. Click Open

In the Statement Date field:

4. Enter the statement end date

In the Statement field:

5. Enter the statement end balance

On the bank statement line items:

6. Check the cleared checkbox for all cleared line items on the bank statement

Completing the Bank Reconciliation

You can only complete a bank reconciliation when all line items are cleared and the Difference field balance is 0.00. Always review the bank reconciliation before completing it because you cannot update a completed bank reconciliation.

All incomplete bank reconciliations must remain open until all line items are cleared. Open status bank reconciliations are editable.

In the Bank Reconciliation window:

1. Review the bank reconciliation line items

In the Status field:

2. Select:
   1. Completed if all line items are cleared

1. 3. Open if there are uncleared line items

4. Click Save & Close