Is the point of the Reconciliation Tab simply to allow people to add bank or other documents to the reconciliation transactions or is there some other purpose as well other than one mentioned below?
Can I just simply create past Reconciliation Points for the 1st of the Month in order to have a transaction to attach my bank statement to?
My understanding is that it was also to encourage people to reconcile their bank account. However, I last reconciled my bank account two months ago and the reconciliation tab shows as reconciled. So it’s not doing anything to encourage me to reconcile. I had assumed that the program was set or could be set to create a reminder on the tab (like recurring invoices) every month/week. How does the program make me aware that it’s a while since I last reconciled other than being present as a tab?