How do I reconcile my bank account in MYOB? | Scribe

How do I reconcile my bank account in MYOB?

If you are using MYOB to manage your business finances, it is important to reconcile your bank account regularly. Reconciling your bank account helps to ensure that the balance in your MYOB account matches the balance in your actual bank account. This helps to ensure that all transactions have been recorded correctly and that there are no discrepancies between the two accounts. Reconciling your bank account also helps to identify any fraudulent activity or errors that may have occurred. Knowing how to reconcile your bank account in MYOB is essential for keeping your business finances accurate and up-to-date.
Created by Ghostwriter from Scribe | 7 steps
Click the "Reconcile an Account" button.
Select the bank account you want to reconcile from the drop-down menu.
Enter the statement date and the closing balance from your bank statement.
Click the "Reconcile Now" button.

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