How to Use the Reconcile Report for Balance Sheet Accounts

Modified on Sat, 9 Aug at 9:08 AM

Purpose
The Reconcile Report highlights imbalances in major Balance Sheet control accounts and helps you identify missing or incorrect postings.

Why This Matters

  • Ensures accurate month-end and year-end figures

  • Detects errors early before they affect final accounts

  • Keeps control account balances correct

Process

  1. Run the report at least weekly.

  2. Review highlighted imbalances.

  3. Correct postings as needed.

  4. Changes will appear in the following day’s report.

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