One of the tasks of every finance department is to make sure that their bank accounts are matched to their accounting records. Hence, they need to make sure that their cash balances on the balance sheet are similar to the amount in the bank statement.
The users of Deskera Books can choose to do manual bank reconciliation in the system if they feel uncomfortable to connect their bank accounts to the system for auto-reconciliation.
To do a manual reconciliation on Deskera Books, go to the 'Bank' tab on the sidebar menu. Select the accounts which you have yet to connect to your bank account. Click on th contextual menu (the three vertical dots) of the bank account preferred. Select the 'Reconciliation' button.
Select the company's transactions you wish to match with your bank transactions.
On the page, click on the edit button next to the amount on the 'Statement Balance' tab. You can reconcile based on the amount you choose to or by date. Enter the amount of the account you wish to reconcile. Click on the 'Tick' button. Next, click on the placeholder with the amount you have entered. Next, select the 'Match' button if you managed to match the bank account transaction to your company's transactions. Click on the 'Next' button to go to the next page.
On the confirmation page, click on the 'Save and Reconcile' button. A dialogue box will appear. Fill in the reconciliation date and attach any relevant documents by clicking on the browse button. Next, click on the 'Save' button. After reconciling, the amount will disappear from your company's transactions.
Click the 'Unmatch' button if you couldn't match your bank transactions to your company's transaction.
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