Banking Reconciliation - Statement Balance

An Update was released to all systems in December to allow for the bank statement balance to be entered into the banking reconciliation. This statement balance then calculates the difference between the last reconciliation and the bank nominal account to display a difference balance.

The difference balance will update live as you are reconciling the  banking transactions giving the user a live total of the remaining difference to match to the statement balance.

Additional updates to this screen include renaming the Debit and Credit columns to Receipts and Payments for greater transparency to users.