Palace: Bank Reconciliation – Video

This video will guide you through troubleshooting methods to resolve Bank Reconciliation variances. Learn how to identify the cause and fix the issue, so you can confidently balance your accounts and close them without a hitch.

Upon completion of this video, you will be able to:

• Balance and close your accounts daily to avoid discrepancies
• Download and review Bank Reconciliation reports
• Understand the Bank Reconciliation screen and its key elements
• Identify and explain positive and negative variances
• Determine when a transaction should be presented for reconciliation