Bank Reconciliations in Unity PMS allow users to match system accounting records with bank statements to maintain data accuracy.

Initiating a Bank Reconciliation

This process can be started from the relevant Bank Account Record. Click New on the Bank Reconciliations related list.

Enter the Statement Date and Statement Balance as seen in the Bank Statement to proceed. 

A list of all unreconciled Receipts and Withdrawals for the period will appear. Users can tick and untick transactions as they appear in the bank statement. 

A sample Reconciliation Statement can be previewed before during the reconciliation process. Please click the Save Draft button prior to previewing the reconciliation statement and before completing the reconciliation to ensure any changes made take effect.

Click Finalise to complete the reconciliation. The completed Bank Reconciliation record will appear and users can view the finalised figures and download the final copy of the Reconciliation Statement on this page.

Reopening or Deleting a Bank Reconciliation

Select Edit, untick the finalised checkbox and click Save.

The record will reopen and you can proceed with reconciliation.

Deleting the Reconciliation

Untick all transactions and adjustments attached to the reconciliation then click on Save Draft. After this step, click Delete to remove this record from the system.