Set the Default Reconciliation Date for Existing Transactions

On the Reconcile transactions and disbursements page, you can reconcile your credit card transactions with a disbursement report from the payment processor and manage the reconciliation status of your transactions. To access this page from Treasury, select Reconcile transactions and disbursements. When your organization first accesses this page, the Credit card reconciliation screen appears so you can select whether to automatically mark existing transactions as reconciled.

Warning: On the Reconcile transactions and disbursements page, all pending credit card transactions for the selected time period appear on the View by transaction tab by default. To help reduce the number of existing transactions that first appear in this grid, we recommend you select to automatically mark existing transactions as Reconciled and enter the most recent reconciliation date.

• If you select to automatically mark existing reconciled transactions with a reconciliation date, select the date of your most recent reconciliation. Altru automatically marks any transactions entered as of that date with a status of Reconciled.

• If you select to manually reconcile existing credit card transactions, all credit card transactions appear marked as Pending. On the Reconcile transactions and disbursements page, you can manually adjust the reconciliation status as you reconcile transactions. For information about how the manage the reconciliation status of a transaction, refer to Mark a Transaction as Reconciled or Pending.