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Chapter: System Tools >
7.4. Bank Reconciliation
How to Reconcile in myPTEZ
1. Select Tools > Bank Reconciliation.
2. Use the drop-down box to select the bank you wish to Reconcile.
3. Select the bank statement end date.
*Note: Reconciliations for bank statements that predate statements already entered into the system are not allowed.
4. Input the Statement start balance.
*Note: this amount may already be completed for you by pulling the end balance of the previous bank reconciliation.
5. Input the Statement Ending balance as it appears on your current bank statement.
6. Use the check box on the left-hand side the mark the checks and other debits that have cleared your bank account
7. Select the Deposits and other credits that have cleared your bank account by marking them with the check box.
*Note: Transactions can be filtered by clicking on the column header or by entering search criteria in the box underneath the column header.
8. If your Cleared Balance and Statement Ending Balance match and there is no difference (difference amount will be green and $0.00), select “Reconcile Now”.
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*Note: If your Cleared Balance and Statement Ending Balance DO NOT match you will be unable to reconcile. You must account for any differences with a Balance Adjustment.
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*Note: You can save your Reconciliation progress. Saving will not Reconcile the account.
Print a List of Uncleared Transactions
1.Follow Steps 1-6 above
2.Next to “Print Item List” select the report format you wish to print the list in and select “Generate”
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View Summary
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See also: Bank Recon History
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