{"id":82465,"date":"2022-10-26T08:24:08","date_gmt":"2022-10-26T08:24:08","guid":{"rendered":"https:\/\/www.bigxperts.com\/sage\/?p=82465"},"modified":"2025-08-25T11:52:40","modified_gmt":"2025-08-25T11:52:40","slug":"reset-the-bank-reconciliation-in-sage-50","status":"publish","type":"post","link":"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/","title":{"rendered":"How to Reset the Bank Reconciliation in Sage 50"},"content":{"rendered":"\n<p>There are several important reasons to reset the bank reconciliation in Sage 50. The prime reason for this is the fact that your Sage 50 bank balance and your actual bank balance should &#8216;tally&#8217; together. However, since we are in the digital era, it is necessary to ensure that you reset the system accordingly to be able to get the required results.<\/p>\n\n\n\n<p>Well, <strong>resetting a bank reconciliation<\/strong> can be done in a couple of ways. But before you get into the thick of things, you need to know one thing for sure: you need to back up your files and all the data in a precise manner not to lose any of it in the process of \u2018reset\u2019. If you are unable to do so yourself, it is recommended that you seek professional help to accomplish the same. Now, let&#8217;s get into how to reset the bank reconciliation in Sage 50.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Post Navigation<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#reasons-to-clear-previous-bank-reconciliations-in-sage-50\" >Reasons to Clear Previous Bank Reconciliations in Sage 50<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#steps-to-reset-the-bank-reconciliation-in-sage-50\" >Steps to Reset the Bank Reconciliation in Sage 50<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#step-1-create-a-backup\" >Step 1: Create a Backup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#step-2-to-acquire-the-list-of-outstanding-transactions\" >Step 2: To Acquire the List of Outstanding Transactions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#step-3-to-clear-the-bank-reconciliation\" >Step 3: To Clear the Bank Reconciliation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#step-4-to-re-enable-the-bank-account-for-the-process-of-bank-reconciliation\" >Step 4: To Re-Enable the Bank Account for the Process of Bank Reconciliation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#step-5-set-up-the-bank-reconciliation-once-more\" >Step 5: Set up the Bank Reconciliation once more<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#frequently-asked-questions\" >Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#how-do-i-reset-the-bank-reconciliation-in-sage-50\" >How do I reset the bank reconciliation in Sage 50?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#does-this-affect-multiple-bank-accounts\" >Does this affect multiple bank accounts?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#what-do-i-need-to-do-before-resetting\" >What do I need to do before resetting?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#how-do-i-re-enable-reconciliation-afterward\" >How do I re-enable reconciliation afterward?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#how-do-i-reconfigure-the-reconciliation-process\" >How do I reconfigure the reconciliation process?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#is-there-a-quicker-way-to-reverse-just-one-reconciliation\" >Is there a quicker way to reverse just one reconciliation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#can-i-simply-unreconcile-individual-transactions\" >Can I simply unreconcile individual transactions?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#will-reconciliation-clear-my-general-ledger-data\" >Will reconciliation clear my General Ledger data?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/#what-if-im-not-comfortable-performing-this-myself\" >What if I\u2019m not comfortable performing this myself?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading block-less-h2\"><span class=\"ez-toc-section\" id=\"reasons-to-clear-previous-bank-reconciliations-in-sage-50\"><\/span>Reasons to Clear Previous Bank Reconciliations in Sage 50<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>There has been a case where the accounts of the previous month have already been uploaded, and a new amount needs to be posted.<\/li>\n\n\n\n<li>Despite the ending balance and the <a href=\"https:\/\/www.bigxperts.com\/sage\/sage-balance-sheet-doesnt-balance\/\">Open balance<\/a> being equal, there is no clarification, as there seems to be an amount that is still not clear.<\/li>\n\n\n\n<li>The Sage 50 edition that you own is reading the wrong figures. This can be because wrong data has been entered into the bank reconciliation database.<\/li>\n\n\n\n<li>There are cases when Sage 50 does not have the properties to reverse the bank reconciliation for a certain month.<\/li>\n<\/ul>\n\n\n\n<pre class=\"wp-block-verse\"><strong><em>Read More<\/em><\/strong>: <a href=\"https:\/\/www.bigxperts.com\/sage\/sage-bank-feed-errors\/\">Resolve Sage 50 Bank Feeds Error<\/a><\/pre>\n\n\n\n<h2 class=\"wp-block-heading block-less-h2\"><span class=\"ez-toc-section\" id=\"steps-to-reset-the-bank-reconciliation-in-sage-50\"><\/span>Steps to Reset the Bank Reconciliation in Sage 50<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To reset or clear previous bank reconciliations in Sage 50, create a backup, generate a report of outstanding transactions, and then clear reconciliation info by disabling and re-enabling the bank account.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"step-1-create-a-backup\"><\/span>Step 1: Create a Backup<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Foremost, it is important to create data in case all the previously stored completed bank reconciliation information has been permanently lost.<\/p>\n\n\n\n<p><strong>To perform a Backup opening of your file:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Firstly, you need to be logged in to the company that you need to back up.<\/li>\n\n\n\n<li>You need to be in a &#8216;single-user mode if you are using any of <a href=\"https:\/\/www.bigxperts.com\/sage\/sage-50-editions\/\">Sage 50 Editions<\/a> (Premium or Quantum).<\/li>\n\n\n\n<li>Go To File &gt; Backup<\/li>\n\n\n\n<li>You can also utilize the toolbar at the top of the Home Screen to select the Backup Icon. This looks more like a file cabinet.<\/li>\n\n\n\n<li>Now, you need to enter the file name in the <a href=\"https:\/\/www.bigxperts.com\/sage\/how-to-restore-your-sage-50-backup-file\/\">Sage 50 Backup<\/a> Window.<\/li>\n\n\n\n<li>This is the step where you need to incorporate the date, e.g., UC141222.<\/li>\n\n\n\n<li>Now, select the folder where you need to SAVE your backup.<\/li>\n\n\n\n<li>It is important to bear in mind that you do not save the file in the SAJ FOLDER. The reason is the fact that most software backup files are stored here.<\/li>\n\n\n\n<li>Most users need to know that the most recent backup files are remembered and are utilized for the default and subsequent backups.<\/li>\n\n\n\n<li>In case there is no requirement to overwrite the existing backup, you do not need to do it.<\/li>\n\n\n\n<li>Lastly, click on OK and let the Backup start.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"step-2-to-acquire-the-list-of-outstanding-transactions\"><\/span>Step 2: To Acquire the List of Outstanding Transactions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>First, select <strong>Reports > Banking > <a href=\"https:\/\/www.bigxperts.com\/print-bank-reconciliation-quickbooks\/\">Account Reconciliation Report<\/a><\/strong>.<\/li>\n\n\n\n<li>Secondly, use the &#8216;Report Type: this is the summary report with Outstanding transaction detail.<\/li>\n\n\n\n<li>Select the appropriate <strong>Bank Account<\/strong> and select the <strong>Appropriate Start Date<\/strong> and the <strong>Finish Date.<\/strong><\/li>\n\n\n\n<li>This helps to display the <strong>current successfully reconciled Period<\/strong>.<\/li>\n\n\n\n<li>Now, go to and select the Option<strong> \u2018Report By Statement End Date\u2019.<\/strong><\/li>\n\n\n\n<li>Next, click on<strong> OK <\/strong>to view the Report.<\/li>\n\n\n\n<li>Lastly, SAVE the report by selecting<strong> PRINT <\/strong>or<strong> \u2018OPEN IN EXCEL\u2019.<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"step-3-to-clear-the-bank-reconciliation\"><\/span>Step 3: To Clear the Bank Reconciliation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You need to start by double-clicking on the Chart of Accounts. In case you are viewing the<strong> ENHANCED VIEW, <\/strong>you need to go to the<strong> Chart of Accounts> Company Tab, which is located in the LEFT PANE.<\/strong><\/li>\n\n\n\n<li>Now, you need to double-click on<strong> BANK ACCOUNT.<\/strong><\/li>\n\n\n\n<li>Select the tab<strong> \u2018RECONCILIATION &amp; DEPOSITS\u2019.<\/strong><\/li>\n\n\n\n<li>Now, unclick the box next to<strong> &#8216;SAVE TRANSACTIONS FOR ACCOUNT RECONCILIATION.<\/strong><\/li>\n\n\n\n<li>Close the account by clicking on<strong> SAVE AND CLOSE.<\/strong><\/li>\n\n\n\n<li>Finally, complete the process by clicking on OK to eliminate all reconciliation information.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"step-4-to-re-enable-the-bank-account-for-the-process-of-bank-reconciliation\"><\/span>Step 4: To Re-Enable the Bank Account for the Process of Bank Reconciliation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Start by double-clicking on the <strong>BANK ACCOUNT.<\/strong><\/li>\n\n\n\n<li>Now, select the tab \u2018<strong>RECONCILIATION &amp; DEPOSITS\u2019<\/strong><\/li>\n\n\n\n<li>Click on the checkbox the box next to &#8216;<strong>SAVE TRANSACTIONS FOR ACCOUNT RECONCILIATION<\/strong>.<\/li>\n\n\n\n<li>Now, select the <strong>SETUP<\/strong> button that will emerge at the bottom of the page.<\/li>\n\n\n\n<li>Now, the setup revenue accounts for: <strong>Interest income, Error Gains, Adjustments, and Exchange Gains.<\/strong><\/li>\n\n\n\n<li>This also helps the users to create an Expense account for<strong> Bank fees, Interest rates, and non-sufficient fund fees.<\/strong><\/li>\n\n\n\n<li>Finally, you can close the account by clicking on<strong> the &#8216;Save &amp; Close&#8217; <\/strong>tab<strong>.<\/strong><\/li>\n\n\n\n<li>Lastly, you need to close the accounts window by clicking on the<strong> \u2018X\u2019 <\/strong>located at the corner.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"step-5-set-up-the-bank-reconciliation-once-more\"><\/span>Step 5: Set up the Bank Reconciliation once more<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Firstly you need to open up<strong> the \u2018 Reconciliation &amp; deposits\u2019 <\/strong>journal and select the appropriate bank account.<\/li>\n\n\n\n<li>Now, you need to re-enter the Reconciliation date, Statement End date, Statement Opening Balance, Statement End Balance, and Statement Start Date for the month you need to reconcile.<\/li>\n\n\n\n<li>Next, click on &#8216;Add Prior Outstanding&#8217; to state the opening outstanding. For this, you will need to manually bring back the transactions that are outstanding from your statement start date, by means of the report you export\/print in STEP 2.<\/li>\n\n\n\n<li>You need to bear in mind that only the transactions that have been dated between the Statement Start date and the Statement End date are going to be automatically imported by Sage 50.<\/li>\n\n\n\n<li>Now, you need to set the date within the \u2018Slow Resolve Trans\u2019. After this, go to \u2018<strong>On or After\u2019<\/strong>, till the oldest outstanding transaction.<\/li>\n\n\n\n<li>Now, select the <strong>OUTSTANDING TRANSACTIONS<\/strong> from the list of <strong>RESOLVED TRANSACTIONS.<\/strong><\/li>\n\n\n\n<li>To move them to the Outstanding transactions list, you will need to click<strong> ADD.<\/strong><\/li>\n\n\n\n<li>In case an outstanding transaction, which is outstanding in case of the Statement Start Date,<strong> <\/strong>does not emerge in the<strong> RESOLVED TRANSACTIONS <\/strong>list, even after modifying the search date, you will need to click on the<strong> INSERT OUTSTANDING <\/strong>tab and make a manual addition.<\/li>\n\n\n\n<li>Now that you have made the addition of all the outstanding transactions, you need to click on<strong> <\/strong>OK. It is recommended that you leave the Outstanding transaction list empty and select OK in case you do not have any outstanding transactions you need to introduce.<\/li>\n\n\n\n<li>Lastly, you need to offer one more trial attempt to reconcile your bank account.<\/li>\n<\/ul>\n\n\n\n<pre class=\"wp-block-verse\"><strong><em>Similar Topic<\/em><\/strong>: <a href=\"https:\/\/www.bigxperts.com\/sage\/undo-last-bank-reconciliation-in-sage-50\/\">How to Undo Last Reconciliation in Sage 50<\/a><\/pre>\n\n\n\n<p><strong>Some of the main reasons for the individual to reset the bank reconciliation in Sage 50 are:<\/strong><\/p>\n\n\n\n<p><strong>Conclusion &#8211; How to Reset the Bank Reconciliation in Sage 50<\/strong><\/p>\n\n\n\n<p>If your Sage 50 bank reconciliation shows discrepancies or duplicate entries, resetting it can be a practical solution. By unchecking the \u201cSave Transactions for Account Reconciliation\u201d box in your bank account settings, you can clear all reconciliation flags for that account and restart the process from scratch. It\u2019s essential to first back up your data and export outstanding transactions before clearing the flags. Once reset, you can re-enable reconciliation and rebuild the connection with your bank statement effectively. If the process feels daunting or you\u2019re unsure about re-entering prior-outstanding items, Bigxperts <a href=\"https:\/\/www.bigxperts.com\/sage\/sage-50-live-chat\/\">Sage chat suppor<\/a>t experts are available to help you reset safely and accurately with secure remote support.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-left block-less-h2\"><span class=\"ez-toc-section\" id=\"frequently-asked-questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-80551066-d9ab-4595-8fab-89dbeb9956f7\" data-mobilecollapse=\"false\" data-desktopcollapse=\"false\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-80551066-d9ab-4595-8fab-89dbeb9956f7\" tabindex=\"0\">\n\t\t\t<h3 class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-80551066-d9ab-4595-8fab-89dbeb9956f7\" style=\"color: #000000; \"><span class=\"ez-toc-section\" id=\"how-do-i-reset-the-bank-reconciliation-in-sage-50\"><\/span>How do I reset the bank reconciliation in Sage 50?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-0-80551066-d9ab-4595-8fab-89dbeb9956f7\">\n\n<p>Go to Chart of Accounts, open your bank account, navigate to the Reconciliation &amp; Deposits tab, and uncheck Save Transactions for Account Reconciliation. Save and confirm. This clears all reconciliation flags for that account.<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-1-80551066-d9ab-4595-8fab-89dbeb9956f7\" tabindex=\"0\">\n\t\t\t<h3 class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-80551066-d9ab-4595-8fab-89dbeb9956f7\" style=\"color: #000000; \"><span class=\"ez-toc-section\" id=\"does-this-affect-multiple-bank-accounts\"><\/span>Does this affect multiple bank accounts?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-1-80551066-d9ab-4595-8fab-89dbeb9956f7\">\n\n<p>No, this action only resets reconciliation for the specific account you modify.<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-2-80551066-d9ab-4595-8fab-89dbeb9956f7\" tabindex=\"0\">\n\t\t\t<h3 class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-80551066-d9ab-4595-8fab-89dbeb9956f7\" style=\"color: #000000; \"><span class=\"ez-toc-section\" id=\"what-do-i-need-to-do-before-resetting\"><\/span>What do I need to do before resetting?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-2-80551066-d9ab-4595-8fab-89dbeb9956f7\">\n\n<p>Always back up your company file. Then run the Account Reconciliation Report (with outstanding transaction details) and save it so you can re-enter any prior outstanding items later.<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-3-80551066-d9ab-4595-8fab-89dbeb9956f7\" tabindex=\"0\">\n\t\t\t<h3 class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-80551066-d9ab-4595-8fab-89dbeb9956f7\" style=\"color: #000000; \"><span class=\"ez-toc-section\" id=\"how-do-i-re-enable-reconciliation-afterward\"><\/span>How do I re-enable reconciliation afterward?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-3-80551066-d9ab-4595-8fab-89dbeb9956f7\">\n\n<p>Reopen the bank account, re-check Save Transactions for Account Reconciliation, click Set Up, configure interest or adjustment accounts if needed, then click Save &amp; Close.<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-4-80551066-d9ab-4595-8fab-89dbeb9956f7\" tabindex=\"0\">\n\t\t\t<h3 class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-80551066-d9ab-4595-8fab-89dbeb9956f7\" style=\"color: #000000; \"><span class=\"ez-toc-section\" id=\"how-do-i-reconfigure-the-reconciliation-process\"><\/span>How do I reconfigure the reconciliation process?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-4-80551066-d9ab-4595-8fab-89dbeb9956f7\">\n\n<p>Navigate to the Reconciliation &amp; Deposits journal, select the account, enter the Statement Date, Opening\/Ending Balances, and then use Add Prior Outstanding to bring in relevant transactions from your saved report. You can insert missing items manually if needed.<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-5-80551066-d9ab-4595-8fab-89dbeb9956f7\" tabindex=\"0\">\n\t\t\t<h3 class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-80551066-d9ab-4595-8fab-89dbeb9956f7\" style=\"color: #000000; \"><span class=\"ez-toc-section\" id=\"is-there-a-quicker-way-to-reverse-just-one-reconciliation\"><\/span>Is there a quicker way to reverse just one reconciliation?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-5-80551066-d9ab-4595-8fab-89dbeb9956f7\">\n\n<p>Yes, use the Reverse a Reconciliation feature: go to Bank Accounts, select the relevant account, click Reconcile, then Reverse a Reconciliation, pick the one to reverse, confirm, and back up.<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-6-80551066-d9ab-4595-8fab-89dbeb9956f7\" tabindex=\"0\">\n\t\t\t<h3 class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-80551066-d9ab-4595-8fab-89dbeb9956f7\" style=\"color: #000000; \"><span class=\"ez-toc-section\" id=\"can-i-simply-unreconcile-individual-transactions\"><\/span>Can I simply unreconcile individual transactions?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-6-80551066-d9ab-4595-8fab-89dbeb9956f7\">\n\n<p>Yes, go to Transactions, select the transaction, click Edit, and clear the Bank rec. Checkbox, then Save.<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-7-80551066-d9ab-4595-8fab-89dbeb9956f7\" tabindex=\"0\">\n\t\t\t<h3 class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-80551066-d9ab-4595-8fab-89dbeb9956f7\" style=\"color: #000000; \"><span class=\"ez-toc-section\" id=\"will-reconciliation-clear-my-general-ledger-data\"><\/span>Will reconciliation clear my General Ledger data?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-7-80551066-d9ab-4595-8fab-89dbeb9956f7\">\n\n<p>No, resetting only removes reconciliation flags, not the transactions themselves or GL records.<\/p>\n\n<\/div>\n\t\t<\/div>\n\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1; \" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-8-80551066-d9ab-4595-8fab-89dbeb9956f7\" tabindex=\"0\">\n\t\t\t<h3 class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-80551066-d9ab-4595-8fab-89dbeb9956f7\" style=\"color: #000000; \"><span class=\"ez-toc-section\" id=\"what-if-im-not-comfortable-performing-this-myself\"><\/span>What if I\u2019m not comfortable performing this myself?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down open\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"true\" class=\"wp-block-ub-content-toggle-accordion-content-wrap\" id=\"ub-content-toggle-panel-8-80551066-d9ab-4595-8fab-89dbeb9956f7\">\n\n<p>Reach out to Bigxperts Sage support team. They can securely guide you or carry out the entire reset process remotely, ensuring accuracy and peace of mind.<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>There are several important reasons to reset the bank reconciliation in Sage 50. The prime reason for this is the fact that your Sage 50 bank balance and your actual bank balance should &#8216;tally&#8217; together. However, since we are in the digital era, it is necessary to ensure that you reset the system accordingly to&hellip;&nbsp;<a href=\"https:\/\/www.bigxperts.com\/sage\/reset-the-bank-reconciliation-in-sage-50\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">How to Reset the Bank Reconciliation in Sage 50<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":87207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[51],"tags":[],"class_list":["post-82465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sage"],"featured_image_src":"https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50.jpg","author_info":{"display_name":"Rick","author_link":"https:\/\/www.bigxperts.com\/sage\/author\/robert\/"},"uagb_featured_image_src":{"full":["https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50.jpg",840,300,false],"thumbnail":["https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50-150x150.jpg",150,150,true],"medium":["https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50-300x107.jpg",300,107,true],"medium_large":["https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50-768x274.jpg",768,274,true],"large":["https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50.jpg",840,300,false],"1536x1536":["https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50.jpg",840,300,false],"2048x2048":["https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50.jpg",840,300,false],"neve-blog":["https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50.jpg",840,300,false],"web-stories-poster-portrait":["https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50-640x300.jpg",640,300,true],"web-stories-publisher-logo":["https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50-96x96.jpg",96,96,true],"web-stories-thumbnail":["https:\/\/www.bigxperts.com\/sage\/wp-content\/uploads\/2022\/10\/How-to-Reset-the-Bank-Reconciliation-in-Sage-50-150x54.jpg",150,54,true]},"uagb_author_info":{"display_name":"Rick","author_link":"https:\/\/www.bigxperts.com\/sage\/author\/robert\/"},"uagb_comment_info":0,"uagb_excerpt":"There are several important reasons to reset the bank reconciliation in Sage 50. The prime reason for this is the fact that your Sage 50 bank balance and your actual bank balance should &#8216;tally&#8217; together. However, since we are in the digital era, it is necessary to ensure that you reset the system accordingly to&hellip;&nbsp;Read&hellip;","_links":{"self":[{"href":"https:\/\/www.bigxperts.com\/sage\/wp-json\/wp\/v2\/posts\/82465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bigxperts.com\/sage\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bigxperts.com\/sage\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bigxperts.com\/sage\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bigxperts.com\/sage\/wp-json\/wp\/v2\/comments?post=82465"}],"version-history":[{"count":2,"href":"https:\/\/www.bigxperts.com\/sage\/wp-json\/wp\/v2\/posts\/82465\/revisions"}],"predecessor-version":[{"id":87413,"href":"https:\/\/www.bigxperts.com\/sage\/wp-json\/wp\/v2\/posts\/82465\/revisions\/87413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bigxperts.com\/sage\/wp-json\/wp\/v2\/media\/87207"}],"wp:attachment":[{"href":"https:\/\/www.bigxperts.com\/sage\/wp-json\/wp\/v2\/media?parent=82465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bigxperts.com\/sage\/wp-json\/wp\/v2\/categories?post=82465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bigxperts.com\/sage\/wp-json\/wp\/v2\/tags?post=82465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}