Undoing an account reconciliation

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Undoing an account reconciliation

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Banking > Reconciling your bank accounts > Undoing an account reconciliation

Undoing an account reconciliation

If you have reconciled a transaction in error or deleted a previously reconciled transaction, you can undo the previous account reconciliation. When you undo a reconciliation, all transactions for that period return to an unreconciled status.

If the error was made in a reconciliation earlier than your last reconciliation, you can undo several reconciliation periods in succession in your current financial year.

Note, when you undo an account reconciliation, you will need to reconcile each transaction again and reprint your reconciliation reports.

caution : Purged transactions cannot be re-reconciled

Do not undo a reconciliation for a period containing purged transactions.

To undo an account reconciliation

note : Back up before undoing reconciliation

We recommend that you back up your company file before you undo a reconciliation. Then, if you want to reverse the undo reconciliation, you can restore the backup file.

1	Go to the Banking command centre and click Reconcile Accounts. The Reconcile Accounts window appears.

2	In the Account field, type or select the account for which you want to undo the reconciliation.

3	Click Undo Reconciliation. The Undo Last Reconciliation window appears, confirming the account and date of the reconciliation you are undoing.

4	Click Undo Reconciliation. A confirmation window appears.

5	Click OK. The Reconcile Accounts window reappears.

■	Reconciling your bank accounts

■	Do an initial bank reconciliation

■	Month-end procedures

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