Configure reconciliation
You configure this component if you want to reconcile ledger account entries and outstanding items with payments.
In Financial you have two options for the reconciliation:
- Reconcile ledger accounts (balancing entries, suspense account)
- Reconcile outstanding debtor/creditor items
In this section you configure both reconciliation processes.
Procedure
- Authorise reconciliation
- Add a variable general journal
- Add a ledger account for reconciliation differences
- Administration settings
- Configure an entry layout
- Configure a ledger
- Settings for down payment