No - the previous posting will still show up. You do not have to add prior outstanding as this is a new bank account so there are no prior transactions to record. Your start date would be the date the bank account was opened and the end date is the date of your bank stmt for that account.

Ok, thank you. So once I enter my dates, and opening, and end balance, and process, how do I go back in to mark off the transactions for that month? Once I process the month (dec), it won't let me go back in... I don't think? Sorry, I am just not sure what the correct process for this is.

I am not sure what you mean by your first sentence. When you open a new bank account then you need to create a new account nbr in the Chart of Account for that bank. Then you click on the reconciliation tab to set up all the linked account for bank charges, interest income, adjustment, etc etc. There are no outstanding prior amounts to enter. Then you go into the bank reconciliation module and select the new bank account and enter the end date of your bank account stmt along with the ending balance of the bank acct stmt. The start balance should read zero. The discrepancy amount in bottom left corner should read zero and the unreconciled amount in bottom right corner will be the same amount as the ending balance in top right corner.

Then you tick off the amounts that have gone thru your bank stmt. When you are done, the 'unreconciled' amount at bottom right should read as zero. If it does not read as zero then something is not right and you need to verify that only the amount on the bank stmt is ticked off on the bank reconciliation module.

Once the unreconciled amount shows zero then you can post the bank reconciliation and print off the bank report. Once you have posted it then you cannot go back into the same month again. The next time you open your bank reconciliation for this same bank account your start date and your opening balance will show automatically. You just need to enter the ending date of your next bank stmt and the ending balance on that bank stmt.

Is this what you have done?

I wasn't understanding how to get my individual postings, and when I went to add prior, I didn't realize I just needed to click ok (I was trying to change dates). I now have it, thanks for your help :)