How to: Reconcile Liquid Accounts

For each account included in a reconciliation, the net sum of all amounts on the account is calculated in the general journal. Before a general ledger account can be reconciled, you must select the Reconciliation Account field on the account card.

To reconcile liquid accounts

1. In the Search box, enter General Journal, and then choose the related link.

2. Fill in at least one journal line with an account number, an amount, and an account number in the Balancing Acc. No. field.

3. On the Actions tab, in the Posting group, choose Reconcile.

4. To post the journal, open the General Journal window, and on the Actions tab, in the Posting group, choose Post.

Tip

If you print a test report before posting, a reconciliation appears at the end of the report.

See Also

Tasks

How to: Mark General Ledger Accounts for Reconciliation
How to: Fill and Post General Journals