Bank Account

The Bank Account is intended to reflect the Bank Account recorded on the bank statement that is participating in the reconciliation.

The combination of Bank Account and Statement Date represent the unique identifier for a particular Bank Reconciliation and therefore there can be only one Bank Reconciliation for each combination of these two values.  

The master list of available Bank Account options is defined on the Admin >> Setup >> Bank Account screen.

When adding a new Bank Reconciliation, only those Bank Accounts meeting the following criteria will be available for selection:

• must be active
• must be associated with an organization that is within the Legal Entity selected
• cannot have any other unreconciled Bank Reconciliations already created (ie only one Bank Reconciliation allowed at a time for any given Bank Account)

After initially creating a Bank Reconciliation entry, you can no longer modify the Legal Entity or Bank Account values.