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January 20, 2020
Question

What order do i reconcile a bank account, I seam to be going over the same things time after time, I need reconcile a bank account, pay suppliers first then bank match ?

  • January 20, 2020
  • 1 reply
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if I don't do the bank match, then there not in the reconcile, I do the bank match first then do the reconcile a week later, im then going back to bank match with things missing or payment on account, please can someone tell the correct way in what order.

1 reply

January 20, 2020

Hello gary32, 

 

There is not a correct way to do this, however I would recommend to record all payments on account first, then match those via the banking, then reconcile the account, as transactions which have been added/matched through the banking will automatically be ticked when you come to reconcile. 

 

Thanks