Good morning, I inadvertently finished a reconciliation that was not finished. My account is not balanced. Is there a way to unreconcile a bank account, or correct the reconcilation?
You can start the reconciliation again using the same date and same ending balance. The starting balance will be the ending balance of the previous reconciliation.
You might find this KB article helpful: "How do I undo a finished Cash Management bank reconciliation?"
Art MInds
Senior Independent Consultant
Pasadena, California
One tip I would suggest is to check your CM settings for Max Reconcile Descrepancy - if you set it to 0 then you won't be able to finish a bank rec that doesn't balance:
Thank you. I wish I had known that before. Much appreciated.
Thank you. I will check it out and see if I can figure it out.
When I go to do a reconciliation again, the bank statement balance shows as the opening balance. What am I putting for the ending balance? The same number?
If you follow the instructions in the KB article I linked below, you must go to CM settings to check the box to allow the opening balance to be overridden. After you complete your reconciliation, be sure to undo that option for future normal operation.
Art Minds
Senior Independent Consultant
Pasadena, California
*Community Hub is the new name for Sage City