Manual Bank Reconciliations
Reports and forms you will need to complete a bank reconciliation:
Steps to complete the form referenced by letters A to E.
[A] Ending Bank Balance on Bank Statement: Enter month end balance from the bank statement or the online bank printout on bank rec form [see section A]
[B] Outstanding Deposits: Compare deposits on bank statement with deposit book and manual ledger.
[C] Outstanding Cheques: Compare cheques on bank statement with cheque book and manual ledger.
[D] Ending Bank Balance in Sage Accounting System: Enter the month ending balance from the manual ledger on bank rec form [see section D].
[E] Reconciling to Zero