Reconcile Periods

The Reconcile Periods list identifies each bank statement, when you reconcile banking transactions.

HINT-- Goldenseal accounting software uses Reconcile Periods when you reconcile your checkbook.

RECONCILE PERIODS BASICS
When to Use Reconcile Periods | Entering Reconcile Periods
Data Fields | Using Lists | Using Reconcile Periods

WEBSITE INFO LINKS
Accounting Software | Check Writing Software

RELATED TOPICS
Bank Transactions | Checking Accounts

When to Use Reconcile Periods

Use Reconcile Periods to identify statement periods, when you mark off Bank Transactions that have cleared on a bank statement. For example you might want to use reconcile periods such as "Apr 02" and "May 02".

For more about bank reconciling, click here.

Entering Reconcile Periods

To enter Reconcile Periods, follow these steps:

Choose Other Lists from the Options menu, and choose Reconcile Periods from the submenu.
Click the New button, or choose New Record from the Edit menu.
Enter info about the reconcile period.

Data Fields

Enter the following information for each reconcile period:

Name-- Type in a brief name for this benefit item. This is the text that will appear in clairvoyant fields.
Comments-- Type in any comments you'd like to make about this item.
Date-- Enter the date when this reconcile marker is used.
Include in List-- Turn on the checkbox to include this item in the Reconcile field of bank transactions. Turn it off if you'd no longer like to see it in the list there.

Using Reconcile Periods

When you reconcile your bank statement, create a new Reconcile Period, and enter it into the Reconcile field of each bank transaction that appears on the statement.

When you are finished using a Reconcile Period, you can turn off the Include in List checkbox so this period no longer appears in the menu, when you reconcile future bank statements.