Before beginning any Bank Reconciliation make sure that your opening balance has been created in Xoro using Journal Entries and the bank statement has been uploaded.
To upload your opening balance, follow the steps below:
- Navigate to Accounting → Bank Reconciliation → Bank Statement → Upload Bank Statement.
- Choose the Bank Account.
- Fill in the CSV template with data to match your opening balance entry in Xoro.
- Navigate back to Xoro ‘Upload Bank Statement’ module.
- Select the file and click upload.
- Once you have verified the information, click upload.
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