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Reconcilation

Susan_C2016
1 Post
Cover User

Reconcilation

the calculated bank balance was:-$494.21
Total unreconciled:$0.00
MYOB Essentials balance:-$494.21
 
Hide reconciled
 What does this message mean? Have I balanced the account? or not?
1 REPLY
MYOB Moderator Steven_M
18,193 Posts
MYOB Moderator
New Zealand

Re: Reconcilation

Hi @Susan_C2016

 

Welcome to the MYOB Community Forum, I hope you find it a wealth of knowledge


Yes you have reconciled, congratulates you are good to go.


Basically "the calculated bank balance was" is the balance on the bank account at the time, "Total unreconciled" is the value you transactions you have in the account that are unreconciled and "MYOB Essentials balance" is the balance at the reconciliation date for that. MYOB Essentials Help Article: Reconcile transactions would be able to go further into the reconciliation process however you seem to have it sorted out.

 

Do let us know if you require further assistance.


Kind Regards,
Steven
MYOB Client Support
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