The bank reconciliation menu will be displayed.

Choose the account for which you want to conduct the reconciliation.

If you need to jump back in and look at something, in the bank register,  you can do so from this location.

Any prior bank reconciliations will be displayed if you select History by Account from the dropdown menu.

Back to the Bank Reconciliation, fill in the Beginning Balance to start. 

Reconcile an account
Open your statement and let's get started.


Account
1010 - Cash Register Pass Thru
1000 - Commissions Account
3000 - Credit Card
1008 - Escrow Account
1005 - Operating Account
1006 - Petty Cash
Inventory Asset
1300 - Payments to deposit
Uncategorized Asset
2500 - Escrow Liability
2005 - Loans & Exchanges
1007 - Stockholder's Loan
Opening balance equity
Owner's Investment
Owner's Pay & Personal Expenses
Retained Earnings
1000 - Commissions Account


Add the following information
Beginning Balance
Ending Balance*
Ending Date*



Enter the finance charge, if necessary
Date
Service Charge
Expense account
Advertising & Marketing
6050 - Advertising - Other
6000 - ADVERTISING EXPENSES
6070 - Advertising Management
5512 - Annual MLS Dues
Ask My Accountant
Bank Charges & Fees
5540 - Bank Fees & Maintenance
5820 - Broker Services
6520 - Brokerage Engine
5805 - Business Travel
Car & Truck
6550 - CINC
6530 - Cloze
5040 - Commission Expense - Commercial
5030 - Commission Expense - Lease
5050 - Commission Expense - Other
5020 - Commission Expense - Referral Fees
5010 - Commission Expense - Residential
5530 - Company Liability Insurance
Contractors
6540 - Docusign
5830 - Donations
5520 - E&O Insurance
5521 - E&O Insurance - Recovery
5570 - GFI Digital
6040 - Gift Expenses
Insurance
Interest Paid
Job Supplies
Legal & Professional Services
5810 - Listing Expenses
Meals & Entertainment
5560 - Meals for Meetings
5800 - Misc. Operating Expenses
5510 - MLS & Office Fee
5511 - MLS & Tech Fee - Recovery
5610 - Office Equipment
5550 - Office Supplies
Office Supplies & Software
5500 - OPERATING EXPENSES
60000 - Operating Expenses (OE)
Other Business Expenses
5100 - Outgoing Referral Fees - Outside Broker
5700 - Photography
6020 - Prospects Plus
Purchases
6510 - Quickbooks Online
Reimbursable Expenses
Rent & Lease
Repairs & Maintenance
5590 - Royalty Fee
5000 - SALES COMMISSION EXPENSE
6060 - Signs
6500 - SOFTWARE EXPENSES
5620 - Supra Key
Taxes & Licenses
Travel
6306 - Unapplied Cash Bill Payment Expense
Uncategoriz

In order to record the service charge and/or interest earned from financial transactions, the two rows at the bottom need to be filled out with the corresponding information. 

You can select all the transactions at once.

Click "Import EFT Batch" if need be. This will open up a table displaying EFT (NACHA File) batches processed in the system.

Click "Save For Later" to continue working on the reconciliation. 

How to Reconcile a Bank Account