Purpose 

The Reconcile module is used to ensure the company's transactions are verified and accurate against statements provided by banking institutions or merchants. It supports reconciliation for both credit card accounts and checking/savings accounts.

Reconcile List View 

Search & Filter

• "Select Bank" Quick Filter: Choose the account to reconcile
• "Select Statement" Quick Filter: Pick the statement for reconciliation
• "Purchases" Quick Filter: View unreconciled transactions for credit cards
• "Disbursements" Quick Filter: Shows unreconciled debit transactions for bank accounts

Additional Features (Statements)

• "+" Icon: Adds a new statement
• "↻" Icon: Updates displayed statements
• "⚙️" Icon: Option to show archived statements
• "☰" Icon options:
  • Edit: Updates statement details
  • View Bill/Expenses: Shows linked transactions
  • Reconciled Transactions: Displays reconciled items
  • Archive: Removes statement from default view

Column Headers

• Statement: Customizable field for organizing statements
• Amount: Credit used or statement net change
• Statement Date Range: Period covered by the statement
• Unreconciled: Amount remaining to be reconciled

Credit Card Reconciliation View 

Statement Details

• Statement: Customizable field for statement identification
• Bill: Automatically created when a statement is added
• Amount: Credit used during the statement period
• Statement Date Range: Beginning and ending dates of the statement period
• Statement Net Change: Difference between starting and ending balance
• Unreconciled: Amount remaining to be reconciled

Purchases Section

• Type: Expense or Bill
• Credit Card Transactions: Vendor name associated with the transaction
• Amount: Transaction amount
• Date: Transaction date in TRUE

Reconciled Credit Section

• Date: Transaction date
• Customer/Vendor: Associated party
• Amount: Transaction amount
• "X" Icon: Removes item and marks as unreconciled

Bank Account Reconciliation View 

Statement Details

• Statement: Customizable field for statement identification
• Amount: Statement net change
• Statement Date Range: Period covered by the statement
• Starting Balance: Beginning amount in the account
• Ending Balance: Final amount in the account

Disbursements & Deposits Section

• Type: Receipt, Disbursement, or Merchant
• Method: Cash, Check, Credit Card, Debit Card, or Wire
• Customer/Vendor: Associated party
• Amount: Transaction amount
• Date: Transaction date

Reconciled Bank Transactions Section

• Type: Receipt, Disbursement, or Merchant
• Method: Payment method used
• Date: Transaction date
• Customer/Vendor: Associated party
• Amount: Transaction amount
• ID (for Deposits): TRUE-generated sequence number
• "X" Icon: Removes item and marks as unreconciled