Finalize Bank Reconciliation

Under Finalize, you can confirm balances, review posted and unposted activity, and complete reconciliation with confidence. This helps you catch issues before close and maintain a clear audit trail.

Compare your register and cash account to your statement before you complete reconciliation.

Tip: The total under Transactions after statement date includes cleared, posted transactions with a post date after the statement date.

Resolve Issues Before You Reconcile

• Warning indicates the register is out of balance with the statement. The difference must be zero before you reconcile. To resolve differences, clear transactions or create an adjustment.

• Alerts indicate unposted subledger or general ledger journal entry transactions that can cause the GL cash account to be out of balance. Post these transactions before you continue reconciliation.

Select Reconcile now to complete reconciliation. Transactions marked as Cleared on Review register are included. After processing completes, reconciliation history updates with a new entry, and associated transactions update to reconciled.

Tip: To save your reconciliation progress and return to it later, select Save and close.

When reconciliation is complete, you return to the bank account record. Review the Bank Reconciliation Report to see reconciliation details.