The reconciliation facilities in the software all work on individual bank accounts. This is the logical thing to do but, for the external auditor, it is necessary to produce a single document which combines all the individual reconciliations. There is an example in the Practitioner’s Guide, Appendix 1, and we have modelled the individual reconciliations and what I call the ‘Consolidated reconciliation’ on this layout.<\/p>\n\n\n\n
In order to generate a Consolidated Reconciliation at a specific date, you first have to generate individual reconciliations at that date. This will normally be the year end, March 31st, but, of course, you can generate a Consolidated Reconciliation at any point, provided that individual reconciliations are available for all accounts at that date.<\/p>\n\n\n\n
You will find Consolidated Reconciliation under the Year end section of the drop-down menus. <\/p>\n","protected":false},"excerpt":{"rendered":"
The reconciliation facilities in the software all work on individual bank accounts. This is the logical thing to do but, for the external auditor, it is necessary to produce a single document which combines all the individual reconciliations. There is an example in the Practitioner’s Guide, Appendix 1, and we have modelled the individual reconciliations … Continue reading “Consolidated reconciliation”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3307","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/documentation.easypcaccounts.co.uk\/index.php\/wp-json\/wp\/v2\/pages\/3307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/documentation.easypcaccounts.co.uk\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/documentation.easypcaccounts.co.uk\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/documentation.easypcaccounts.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/documentation.easypcaccounts.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=3307"}],"version-history":[{"count":3,"href":"https:\/\/documentation.easypcaccounts.co.uk\/index.php\/wp-json\/wp\/v2\/pages\/3307\/revisions"}],"predecessor-version":[{"id":3444,"href":"https:\/\/documentation.easypcaccounts.co.uk\/index.php\/wp-json\/wp\/v2\/pages\/3307\/revisions\/3444"}],"wp:attachment":[{"href":"https:\/\/documentation.easypcaccounts.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=3307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}