Bank reconciliation
Hi,
The last bank rec completed in MYOB was 30.06.16... is there anyway of clearing or closing old entries in the bank rec and starting fresh for this financial year?
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Hi lis1
Sorry to see that no one has replied to you yet. Bank reconciliations follow on from the previous one, the Calculated statement balance is the last reconciled balance plus transactions ticked in the Reconile accounts window. This means that in order for the account to reconcile you would need to complete reconciliations for each year.
Your other option would be to create a new bank account in AccountRight to start fresh in the current year, I would recommend checking with your accountant if this is suitable for your situation.
Please let me know if you need further help.
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