Bank Reconciliation
Bank Reconciliation is a simple but detail-oriented process for ensuring your records agree to those of your bank, which in turn validates that what you've bought and sold has been paid for in the amounts recorded.
Big Business 14 updates the Bank Reconcilation to have moveable columns and a simpler layout with Deposit and Withdrawl columns for Cash, Checking, or Savings, and show Payment and Charge columns for credit accounts, Loan and Credit Card.
To create a new Bank Reconciliation:
1. From the Banking toolbar, select the Bank Reconciliation tool.
2. Enter the desired date, and select the Bank Account to be reconciled.
3. Enter any Bank Fees, Interest Earned, and the Ending Balance.
4. Click once on each cleared transaction, or using the Selection tool in the upper left corner choose: Select All, Select Through Date, or Deselect All.
Your Bank Reconciliation is complete when the calculated Difference is zero.
5. Click the OK button to save.
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