How to update Bank Reconciliation Opening Balance?

Created by Shirley Choong, Modified on Tue, 11 Apr 2023 at 03:30 AM by Shirley Choong



Update Bank Reconciliation Opening Balance and all unreconciled transactions carried forward in cloud accounting system only takes a few steps. Learn more.




Unreconciled transactions relating to your bank accounts as of the Cut-off date should also be included as part of the Opening Balances for General Ledgers.


To create a Bank Reconciliation Opening Balances, go to Navigation Pane > General Ledger > Bank Reconciliation OB.



First, select the Bank Account from the dropdown.


Next, click ‘Add’ button to add a new record.


The Bank Reconciliation Opening Balance screen will appear, allowing the user to enter the details of the unreconciled receipt or payment transaction.



Once the transaction details have been entered, click ‘OK’.


The record created will then now appear in the list.





  1. Go to Navigation Pane > General Ledger > Bank Reconciliation OB to update any unreconciled transactions from previous cut-off date.
  2. After selecting the Bank Account> Click Add to create the record.
  3. Update relevant details and amount and Click OK to Save the transaction.



Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article