To reconcile an account

Open the account you want to reconcile, by clicking on the tab for that account. Click on the Reconcile button on the bottom of the Check Register. At the top of the form that pops up, you need to enter the Beginning Balance and Ending Balance from your bank statement. After you reconcile the first time, the beginning balance will be filled in for you for your convenience. (This number comes from the previous statement's ending balance). Make sure to check that these numbers corresponds to the statement from your bank. Now enter any Service Charges. If there is more than one fee, you must add them together and enter one number. (Later you can go to Edit Splits Form to break down the Service Fee transaction into multiple expenses if you want). Fill in the date of any service charges or interest payment. To the right, choose the account for the interest and the bank fees so that these will show as expenses and income. You will see a list of all un-cleared deposits and checks in separate boxes. If you want to view the boxes vertically, click the button titled "Vertical". Now you can click on the individual deposits and checks to mark them as cleared, or use the buttons to the right to "Mark All" or "Mark None" of the deposits and/or checks as cleared. You should clear those transactions that are listed in your bank statement. When you are finished, the balance "Difference" at the bottom of the Reconcile Form should be zero. If it is not, go back to check for inconsistent check amounts or incorrectly entered beginning or ending balances from the statement. Also check that you did not miss a bank statement since the last time you reconciled. Click on "Done" when you are finished with reconciling. You can choose to make an adjusting entry at this time if the balance is not correct.

To edit the payee list

The payee list includes all payees you have typed into the EXPENSE FORM or CHECK FORM, contractors from the CONTRACTOR FORM and owners listed on the Owner Form. To add, change or delete payee names, go to Menu Bar: Edit. Click and highlight "Payee". A Data Grid will appear with the list of payees. Edit the list the same way as all data grids. To close the payee list, return to Menu Bar: Edit and highlight "Payee".