If you choose Posting, Reconcile, you can see a reconciliation of the G/L accounts that will be affected when you post the general journal. You can see what the balance will be on each of the affected accounts after you post the lines in the general journal.
Reconciliation can be useful if you want to see how the transactions you want to execute in the general journal will affect account balances.
Only accounts with a check mark in the Reconciliation Account field on the G/L account card will be included in the reconciliation.
The Reconciliation window displays the results of the reconciliation in the following columns:
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Account: |
The number of the account that is reconciled |
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Name: |
The name of the account |
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Net Change in Jnl.: |
The total amount from the general journal that will be posted to the account |
|
Balance after Posting: |
The balance on the account after the general journal is posted |