Forum Discussion

Hillarey's avatar
4 years ago
Solved

New to bank feeds

I have been doing my reconciliations via the Command Centre.

Today i now have bank feeds but the entries start from 01/04/22.

The previous months have been reconciled via Command Centre/Reconcilation

In order to use the bank feeds so they reconcile, do I need to undo all previous recons/entries and "match"those  in bank feeds in order to use the bank feed reconciliation with corresponding calculated balances.? 

Thanks

  • Hi

    You can do as you first queried

    Undo your reconciliations and then match through bank feeds.

     

    To complete the reconcilation the bank feeds screen will take you back to the reconcile account screen to complete the process.(Command Centre)

     

    So hide or match is just a personal/business preference.

     

    As long as the myob transactions reconcile to your bank statement your running balance will be fine.

     

    Hope that helps

     

    Lisa

4 Replies

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  • AlanT's avatar
    AlanT
    Ultimate Partner
    4 years ago

    Hi Hillarey 

     

    If you have Bank Feed entries for transactions that have already been reconciled, you can righ click on the entry in the bank feed window and from the pop up menu select the option to hide the transaction.

     

    Regards,

     

    AlanT

  • LRBooks61's avatar
    LRBooks61
    Ultimate Cover User
    4 years ago

    Hi

    You can do as you first queried

    Undo your reconciliations and then match through bank feeds.

     

    To complete the reconcilation the bank feeds screen will take you back to the reconcile account screen to complete the process.(Command Centre)

     

    So hide or match is just a personal/business preference.

     

    As long as the myob transactions reconcile to your bank statement your running balance will be fine.

     

    Hope that helps

     

    Lisa

  • Thank you.  it doesnt correct my running balance in order to reconcile but at least I can use the bank feed to reconcile via the Command Centre. 

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