Reconciling makes sure your MYOB Essentials' bank records match the records kept by your bank. Doing this regularly helps keep your business records accurate. Here's a quick explanation of reconciling: HTML |
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How you reconcile depends on whether you use bank feeds, import bank statements, or only use paper bank statements (the ones posted to you by the bank). Made a mistake? Undo the reconciliation. UI Text Box |
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| Using Essentials Accounting Starter? Each month you're limited to receiving and reconciling 25 bank transactions. See MYOB Essentials products for more information. |
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<h2><i class="fa fa-comments"></i> FAQs</h2><br> |
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title | Why is my bank balance different to my MYOB Essentials balance? |
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| Why is my bank balance different to my MYOB Essentials' balance?Bank and credit card account balances might differ from the balance in MYOB Essentials because of: - Incorrectly allocated invoices or bills
- An incorrect opening balance
- Future-dated transactions
- Missing bank feed transactions
To learn more, see Why is my bank balance different to my MYOB Essentials balance? |
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title | How do I unreconcile a transaction? |
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| How do I unreconcile a transaction?If the transaction was auto-reconciled via bank feeds or an imported bank statement, you'll need to unmatch the transaction. If the transaction was manually reconciled, you'll need to undo the reconciliation it belongs to. |
Rachael is an MYOB Essentials pro who's written lots of help topics - including this one. She'd love your feedback to help make it better. |