Learn more

Comparing open transactions with bank statements

About clearing accounts

Zeroing out the clearing account

Clearing outstanding bank transactions

To clear an outstanding bank transaction:

  1. Open 1-5 Bank Reconciliation.
  2. In the Account# box, enter the ledger account number for the bank account.
  3. Click the Display button.
  4. For each item you want to clear, select the item and click the Clear button.
  5. On the File menu, click Save.
  6. Repeat steps 2–5 for each bank account.