Performing a Bank Feeds Reconciliation

In Bank Feeds mode, the left-hand-side of the window shows all unreconciled GL transactions, and the right-hand-side represents bank transactions from the bank feed. Transactions that have been pre-matched by the Bank Feeds module are highlighted in green. Clicking on a green transaction on one side of the window automatically highlights the matched transaction on the other side.

Note: You can use the Show Matched Items and Show Unmatched Items options in the Setup menu to filter the window to show only matched/unmatched transactions.

To reconcile all pre-matched transactions:

Select Select Matched GL Items from the Tools menu. All matched transactions are automatically selected.
Click Reconcile. This will remove all selected items from both sides of the window.

You can also reconcile pre-matched transactions one at a time or in groups by selecting each one manually (hold down ctrl to select multiple transactions) and clicking Reconcile.

Note: You can reconcile a single pre-matched transaction by double-clicking on it.

Any transactions that have not been pre-matched by Bank Feeds must be reconciled manually. To reconcile unmatched transactions:

Click on one or more unmatched GL transactions (hold down ctrl to select multiple transactions).
Click on the unmatched bank transaction(s) that relate to the selected GL transaction(s).
Click Reconcile. This will remove all selected items from both sides. If the values do not match, an error message will appear:

To undo a previously reconciled item:

In Bank Feeds mode, reconciled transactions disappear from the screen. To display reconciled transactions, select Show Reconciled Items from the Setup menu. The system will display reconciled items in blue.
To undo previously reconciled items, select the items and click Reconcile to restore the transactions to an unreconciled state.

Other Reconciliation Methods

If you perform a Manual or CSV reconciliation on a bank account that has bank feeds defined, this can have an effect on the reconciliation process:

When performing a Manual reconciliation on a bank account that has bank feeds set up for it, pre-matched GL transactions are highlighted in green, as they are for a Bank Feeds reconciliation. Highlighted transactions can be reconciled straight away.
When starting a CSV reconciliation on a bank account that has bank feeds set up for it, a warning message will appear:

If you choose to continue, only unmatched transactions will appear on the Bank Reconciliation window.