Reconcile general ledger transactions

Here you will find how to set up for reconciliations of general ledger accounts, and how to reconcile transactions.

1. Go to the Journal reconciliation (GL30201S) window.
2. In the Reconciliation setting field , select a setting that you created in the Journal reconciliation preferences (GL30200S) window.
   The Reconciliation balance field will now show the amount of the balance.
   
   The Reconciliation date field is automatically updated with today's date. The system will also list up all documents up to this date. You can change the today's date in the Load documents up to field.
3. Optional: In the Description field, enter your own information.
4. Optional: Select one, two, or all of the following check boxes:
   • Include unposted
   • Include reclassified
   • Include hidden lines

   In the table below, these transactions appear with a yellow icon and a message that informs you that these reconciling records are not posted and/or reclassified.

5. Optional: Select the Include hidden lines check box.
   There are some transactions that you are not able to reconcile, and they will stay this way as unreconciled. By selecting this check box these transactions will not be included. The hidden lines will appear in the table below, along with the Hide line column with selected check boxes.

6. Optional: If you think that you can reconcile a transaction, deselect the check box in the Hide line column for the relevant transaction.
7. In the Selected column, select the check box for relevant transactions.
   The amounts for the transactions are listed in the Credit column.
   The Reconciled credit in the Calculation section. The amount will automatically be updated according to your selected transactions. This is shown in the Reconciled credit field.
   The Difference field will now have a negative amount.
8. In the Selected column, select the check box for the transactions to be reconciled with the ones in the step above.
   The amount(s) for the transaction(s) are listed in the Debit column.
   The Reconciled debit in the Calculation section. The amount will automatically be updated according to your selected transaction. This is shown in the Reconciled debit field.
   The Difference field will now be in zero, as it always should.
9. Optional: Click .
10. Deselect the Hold check box.
    The Reconcile button is activated.
11. Click the Reconcile button.
    The transactions are now reconciled.