How do I process a Nominal Reconciliation?
Procedure for Reconciling a Nominal Account (Current Year > Nominal > Nominal Reconciliation)
- Account Field: Select the relevant Nominal Account from the drop-down menu that you wish to reconcile.
- Details Field: Enter any necessary free text in the Details field to provide context for the reconciliation.
- Value Field: Input the amount that needs to be reconciled.
- Press Enter to generate the Reconciliation list. Then, use the Space Bar to select and tag the corresponding entries.
- In order for the system to permit the 'Archive Reconciliation' function, the Difference must be €0.00.
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