How to do bank reconciliations - Part 2 on Sage Accounting

Well… to know what to do, and to understand how bank reconciliations work, we have to start at the beginning and for me the beginning is to be able to do an old-school, manual bank reconciliation. Don’t fear going manual, I am going to show you exactly what to do. I am going to give you all the steps needed so that bank reconciliations never, ever will be a problem for you.

Chapters:
0:00 Introduction to manual bank reconciliations.
1:07 When must you perform a manual bank reconciliation.
3:34 What is a bank reconciliation?
3:54 The purpose of a bank reconciliation.
4:14 Why must your bank balance be correct?
4:39 Sum up bank reconciliations in one word.
4:58 What do you need to perform a bank reconciliation?
5:30 Why do you need the previous period’s bank reconciliation?
7:37 The main message for, when performing a bank reconciliation.
7:53 How to find the bank transaction report in Sage to download or print.
9:22 The bank reconciliation rules to follow.
10:32 Follow me in the practical example of comparing the cash book entries to the bank statement.
14:43 How to generate a bank reconciliation report in Sage Accounting.

Read the blog post here:

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