How to Reconcile a Bank Account | Scribe

    How to Reconcile a Bank Account

    • 27 steps |
    • 2 minutes
      1
      Navigate to Brokerage Engine
      2
      Click "Accounting"
      3
      Click "Bank Reconciliation"
      4
      The bank reconciliation menu will be displayed.
      5
      Choose the account for which you want to conduct the reconciliation.
      6
      If you need to jump back in and look at something, in the bank register, you can do so from this location.
      7
      Any prior bank reconciliations will be displayed if you select History by Account from the dropdown menu.
      8
      History by Account Page.
      9
      Back to the Bank Reconciliation, fill in the Beginning Balance to start.
      10
      Type Ending Balance.
      11
      Type Ending Date.
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      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.
      12
      Click "Start Reconciling"
      13
      You can select all the transactions at once.
      14
      Click "OK"
      15
      Or individually.
      16
      Click here.
      17
      Click "Import EFT Batch" if need be. This will open up a table displaying EFT (NACHA File) batches processed in the system.
      18
      Make a selection.
      19
      Click "Import"