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Basically, it’s an accounting application; you are most welcome to create your account here. If you are a businessman or women or just started your business and want to stretch it further, then this application is for you. This will help you in getting the best result of accounting. If you don’t know too much about the business and worried about it, from now onwards you will be happy to handle your accounting system. Sage makes computing more easy and understandable, no need to make a separate book to keep tracing all your work. You can directly link your sage account to the bank and organize your accounting records.
If you want to reconcile your bank with sage50, you have to check that your invoice is updated, all the receipts should be deposited in the bank by you and the recalibrate payment has been done. After that, you can proceed to set up bank reconciliation in sage.
• Go to the application and click twice on the account reconciliation and set the bank account you want to reconcile.• Submit the details of statement start date, end date statement and reconciliation date.• Now you have to provide the details of the statement opening balance and statement end balance too.• Hit the Ok in the popup window to save the changes.
• Click ok if you don’t have any prior transaction details.• Set the option to ‘Show Resolve Trans’ On or After and check if any outstanding transactions• You can switch them to the outstanding transactions by clicking the add button.• Now hit the “OK” button to complete the process.
So, these are the steps that you should follow to set up the bank reconciliation in sage 50. We are the independent company which provides the technical solution across the globe and help the customers to solve their technical glitches being at their home only. You can reach us by contacting the Sage support number USA. We will appreciate if you contact us and ask for a help, you can dial our toll-free number +1844-5629-111 from anywhere, we are at your service all the time.
Thanks for watching this presentation For more information about our service please contact us by dialing +1844-5629-111. Original Source: How can you set up bank reconciliation in sage 50?