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Author Topic:   Starting to use reconciliation
FN_User
Member
posted 09-17-2008 03:05 PM     Click Here to See the Profile for FN_User     Edit/Delete Message
We decided to start using Navigator 9.0's reconcile feature for our checking accounts. Since we haven't used it before, there are hundreds of old transactions from prior years that appear. We don't care about those; we only care about the checks that are currently outstanding.

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David
Administrator
posted 09-17-2008 03:07 PM     Click Here to See the Profile for David     Edit/Delete Message
Here’s some information that should help:
  1. It is always good practice to back up your data before proceeding. Back up all years, since this affects prior years too.
  2. All those old transactions from prior years can be cleared. You can check the Cleared box for each transaction. If there’s a lot of transactions, it’s easier to select Utilities | System Reconfiguration | Clear Last Year’s Transactions. This not only removes the transaction from the current year’s reconcile screen, it also actually marks the transactions Clr in the prior years.
  3. If you find out that some transactions from a prior year actually have not cleared, open that year and change the status to Outstanding. Then go back to the current year reconcile and you will see the outstanding transaction.
  4. There appears to be a bug (as of 9/17/08)that uncleared transactions from the later months in the year don’t appear in the earlier months of the current year reconcile. The programmers are looking into this. It may not affect you, since you don’t care about prior years anyway.

- David
FNI Technical Support

[This message has been edited by David (edited 09-17-2008).]

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