Set up reconciliation for the first time

SUGGESTED

Hello

I have taken over for a bookkeeper who did this company's books for 30 years. She reconciled using an adding machine. I would like to use the reconciliation feature in Sage but I seem to be having a mental block. 

I am ok for prior outstanding entries except one that I am drawing a blank on. On the 26th of the month a single withdrawal is made for payroll on the first of the month (30 employees)

How do I enter this? (is there one entry? 30 entries?)

Thank you

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    SUGGESTED

    Hi  ,

    Thanks for reaching out! To start, you can enter your payroll withdrawal by using the "Add Prior Outstanding" option in the reconciliation process. This allows you to include previous transactions. You can follow a detailed step-by-step guide here on how to enable reconciliation and input outstanding transactions.

    If this helps, please mark it as verified :)

    Warm regards,
    Erzsi

Reply
  • 0
    SUGGESTED

    Hi  ,

    Thanks for reaching out! To start, you can enter your payroll withdrawal by using the "Add Prior Outstanding" option in the reconciliation process. This allows you to include previous transactions. You can follow a detailed step-by-step guide here on how to enable reconciliation and input outstanding transactions.

    If this helps, please mark it as verified :)

    Warm regards,
    Erzsi

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