End of Year processing - Bank not reconciled.
End of Year processing - Bank not reconciled
Trying to do end of year processing and getting a message that a bank has not been reconciled, like the following:
This error means that you have not reconciled the cashbook balance against a bank statement balance. At least one reconciliation needs to be done for each bank, unless the bank account/s has been flagged as 'Never to be reconciled' in the chart of accounts.
This is not recommended.
Click on the Reconcile toolbar item, choose the relevant bank and do a reconciliation to the end of the financial year.
Article ID 609