Skip to content
logo Knowledgebase

Reverse a bank reconciliation

Created on  | Last modified on 

Summary

How to reverse a bank reconciliation in Sage 50 Accounts.

Description

To enable the reverse bank reconciliation option, you must:

Without the correct licence to use the reverse feature, you can either upgrade or restore a backup before the reconciliation to reverse.

 TIP: If you don't have a valid Sage 50 Accounts licence to upgrade, leave your details and we'll be in touch.

Resolution

Watch the video

What happens when you reverse a reconciliation

Reversing a bank reconciliation marks the corresponding transactions as unreconciled and removes the bank rec date.

If you reverse a bank reconciliation that has any subsequent reconciliations, the software also reverses these reconciliations.

Reverse a bank reconciliation

  1. Click Bank accounts and select the required bank account.
  2. Click Reconcile then click Reverse a reconciliation.
  3. Click the relevant reconciliation then click Reverse reconciliation.
  4. Click Yes then complete the backup process.
  5. Click Yes to confirm bank reconciliation reversal.

Re-reconcile your bank statement

After you've reversed the reconciliation, re-reconcile your bank statement. Use our Reconcile your bank account guide to do this.

Upgrade your licence

Growing business? Add more companies, users, or employees to your licence with ease. Leave your details and we’ll be in touch.

Leave your details

Image