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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

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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.

Upgrading your licence

Need a little more room? To add extra companies, users, employees or more to your software licence, leave your details and we'll be in touch.

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