Check your Sage Line 50 bank transactions
against your bank statements.Bank Reconciliation
The process of matching your computer bank records with those shown on your bank statement is commonly called Bank Reconciliation.
Bank Reconciliation lets you see any of your payments and receipts that have not been processed by your bank, and so acts as a check of the transactions you have entered.
The Sage Line 50 Reconcile function lets you check through your bank account transactions to make sure they match those on your actual bank statements.
As you check through, you can also add any transactions you have forgotten, or those which the bank has added such as bank charges and interest payments, directly into Sage Line 50. You can also adjust any errors you may have made.
Use the Reconcile option to:
Check your Sage Line 50 bank transactions
against your bank statements.
Keep your Sage Line 50 bank balances accurate.
See which cheques have and have not been presented
to the bank.
Adjust for payments and receipts you have forgotten to enter.
Adjust for bank charges paid, bank interest received, and debit card transactions.
To reconcile your Sage Line 50 bank transactions with your actual bank statements, choose the Bank option, select the required bank from the list and choose the Bank Reconciliation option.
Related Topics
The Bank Reconciliation Window
To Reconcile your Bank Statement