Simple Bank Reconciliation and Month Close Question

Sage 50 Accounting U.S.

Sage 50 Accounting U.S.
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Simple Bank Reconciliation and Month Close Question

  • I haven't used Peachtree in 10 years and have a client that hasn't closed or reconciled bank accounts in months. The current month is set to September 30, 2011. When I open the bank reconciliation module there are unreconciled items going back to April. I have almost reconciled up to September now and want to close that period and move on to the next. Two issues: 1) I can't see anything past September 30 in the bank reconciliation screen even though I know that activity has continued on through the current day and 2) want to close down September reconciliation and month and set up to reconcile through December 31, 2011.

     

    I think all I need to to do once I am reconciled is click "OK" on the reconciliation screen and change the period under "Tasks, Systems, Change Accounting Period" to December 31, 2011 but, I want to make sure I'm on the right track. Can anyone confirm or give advice otherwise?

     

    Thanks in advance.

  • You're right.  All you need to do is click OK in the account reconciliation and then change the period.  Once you are in the new period you will see the later transactions.

     

    If you want, you can print a reconciliation report by going to Reports & Forms - Account Reconciliation.

  • Thanks for confirming. I appreciate your help.