Manual Bank Reconciliations - Sage Accounting
Reports and forms you will need to complete a bank reconciliation:
[A] Ending Bank Balance on Bank Statement: In Section A, Enter month end balance from the bank statement or the online bank printout on bank rec form.
[B] Outstanding Deposits: Compare deposits between bank statement and bank transaction record from the accounting system.
[C] Outstanding Cheques: Compare cheques on bank statement with the bank transaction record from the accounting system.
[D] Ending Bank Balance in Sage Accounting System: In Section D, enter the month ending balance from the accounting system on bank rec form.
[E] Reconciling to Zero: In Section E, the form will automatically calculate the difference between the reconciled bank statement balance and the balance reported in the accounting system.