Bank reconciliation
OnBalance can read your bank statements and show you all your existing transactions.
To open the Bank Reconciliation screen, click Manage > Bank Reconciliation in the Transactions screen.
In the Bank Reconciliation screen, you can see all your financial accounts, analyze your transactions, and perform the following actions.
- Add bills or deposits
- Apply a receipt to an existing sale installment
- Apply a payment to an existing bill installment
- Add a transfer between different financial accounts
This process helps you to:
- Ensure the correct bank balance in OnBalance.
- Save time, as you can create documents and apply payments with just one click.
The availability of some or all of these features depends on your version of OnBalance.