The Bank Reconciliation Process

BasicBooks General Ledger provides a convenient tool to assist you in reconciling your bank accounts, the "Bank Reconciliation Work Sheet". This is a list of all checks and deposits which you have recorded in your BasicBooks General Ledger accounts but which have not yet cleared the bank. To prepare this list you must mark checks and deposits which have cleared the bank by using the Bank Reconciliation Window. There are separate windows for clearing checks and clearing deposits.

Figure: Bank Reconciliation Windows

To access the Bank Reconciliation Window select either;

• Banking -> Reconcile Bank Account -> Mark Checks Cleared By Bank
• Banking -> Reconcile Bank Account -> Mark Deposits Cleared By Bank