Bank Account Reconciliations

Use this page to perform bank reconciliation to make sure that your various business transactions and expenses are reflected correctly in the company books. For more information, see the Microsoft Dynamics 365 Business Central documentation.

• Reconcile Bank Accounts
• Applying Payments Automatically and Reconciling Bank Accounts

Before reconciling a bank account, an owner entity must already be assigned to the bank account. If the bank account is not assigned an owner entity, you will not be able to perform the reconciliation. Use the Bank Account or MEM Master Security pages to assign an owner entity to the bank account.

Reconciliation Process (Outside North America)

To reconcile a bank account for companies outside North America, follow the steps within the Microsoft Dynamics 365 Business Central documentation, and incorporate these steps: 

Note: To use this method, select the Bank Recon. with Auto. Match option on the General Ledger Setup page.

1. In the Search box, type Bank Account Reconciliations, and then choose the related link.
2. Select New > New.
3. Select a bank account from the list, and select OK.

On the Bank Account Reconciliations page, the Bank Account Ledger Entries are updated with transactions that are posted in Microsoft Dynamics 365 Business Central. The entity that appears in the lines is the owner entity for the bank account.

4. Import the bank statement, and then match the ledger entries with the statement.

Reconciliation Process (North America)

To reconcile a bank account for companies within North America, follow the steps within the Microsoft Dynamics 365 Business Central documentation, and incorporate these steps.

Note: To use this method, deselect the Bank Recon. with Auto. Match option on the General Ledger Setup page.

1. In the Search box, type Bank Account Reconciliations, and then choose the related link.
2. Select New > New.
3. Select a bank account from the list, and select OK.

On the Bank Account Worksheet, the Checks FastTab and Deposits/Transfers FastTab are updated with a list of transactions. The entity that appears in the lines is the owner entity for the bank account.

4. Finish reconciling the accounts.

For more information, see the Microsoft Dynamics 365 Business Central documentation.

• Reconciling Bank Accounts section under United States Local Functionality

Bank Account Reconciliation List Fields

This list contains the following fields: 

Bank Account Reconciliation/Worksheet Fields

This list contains the following fields: 

See also

Payment Reconciliation Journals

Bank Account