Banking Screen

From the bank transaction screen you can view the details of a transaction by highlighting the entry and double clicking or selecting edit from the bottom of the display. Transactions can be edited from the forms displayed; however any changes will effect associated transactions. As an example if you alter a payment allocated to an invoice the outstanding balance of the invoice will change accordingly This screen allows you to view credits and debits for the selected account or credits, or debits only by selecting the button to the right of the debits & Credits field and clicking on your selection from the drop down menu.

Reconcile

AutoMation allows you to reconcile bank or credit card transactions against your statement. It is important that you structure your payments and deposits as close as possible to your bank statement entries. For instance your bank may clear EFT transactions on a daily basis, to ensure deposits match your bank statement deposit all EFT receipts daily to your bank account. You may have direct debits that are automatically withdrawn from your account, again make sure you enter these as they become due, selecting direct as the payment media will easily identify these entries.

Fortunately AutoMation gives you the flexibility to edit payments and deposits until you flag them as reconciled so if you have made a mistake it can be easily corrected.