Running Balance in Bank Reconciliation

Overview

Bank Reconciliation Statement will now ask for opening bank balance and closing bank balance from the user before running the reconciliation. The Closing Bank Balance of the previous balance appears as the Opening Balance of the next bank reconciliation.

The opening balance will appear as Balance Brought forward. 

The balance column shows the running balance of bank balance as defined within Surf Accounts. The running balance will increase when a receipt is selected for reconciliation and will decrease when a payment is selected for reconciliation. Any debit amount in the selected bank code will reflect the amount in Receipt column and any credit amount in the bank code will show the amount in Payment column. Negative amounts appear in the columns with –ve symbol before them.  

Go to top