Is there any way to adjust the reconciliation system to take account of the fact that people I deal with don’t always post a transaction on the day it is completed?
I have hundreds of transactions every time I try to reconcile my transaction account where the transaction took place on a particular day and is shown as such on the receipt or invoice, and I enter it as such in the system, but the transaction doesn’t hit the bank account until the day after, or in some cases for up to a week later.
The reconciliation system is stepping through every single transaction and forcing me to manually adjust every date to match what the bank statement says, rather than what the receipt / invoice says. There are so many transactions that need adjusting in this way that I usually just give up part way through and leave the account unreconciled. The closing balance for the quarter is correct, but it’s just so frustrating that the system is so focussed on every single date matching when they just don’t!
Thanks in anticipation,