GL Account Reconciliations

Use this form to match debit and credit general ledger transactions within a specified date range.

You can only apply reconciliations to individual accounts. No provision is made for reconciling offset accounts — for example, if expenses in one account, and corresponding recharges are in another.

Income and expense accounts can only be reconciled in the boundaries of one calendar year. For example, you can't match a transaction from period 6 last year with a transaction from period 2 this year. This constraint does not apply to balance form accounts.

Once transactions that originate from the general ledger or general ledger sub modules (for example, Cash Management), have been reconciled, you can't change them.

You can perform reconciliations or Greentree Desktop can perform them automatically:

Manual Reconciliations

• Allow either the debits or the credits to be selected first for reconciliation.
• Automatically maintain a balance for the total debits and total credits selected.
• Automatically maintain an unmatched Difference between the selected debits and credits.
• Require a zero unmatched Difference before a reconciliation is possible.
• Support the selection of multiple transactions.

Automatic Reconciliations

• Are only available for Job Cost Work in Process accounts (timesheet transactions only) and Purchase Order Clearing accounts. You must reconcile all other accounts.
• Match transactions that are linked between Job Cost timesheet entry and Job Cost AR invoices or PO receipt entry, and AP invoice entry.

Unreconciling

• Reconcile previously reconciled transactions, either manual or automatic.

• Setup
• Manual Reconciliation
• Automatic Reconciliation
• Manual Unreconciliation
• Enquiry
• Unreconciled Transaction Report