Finance > Maintenance > Credit Card > Reconciliation

After all credit card transactions are entered, reconcile the credit card statement to the credit card transactions.

❏ Use the following fields to begin the reconciliation process:

• In the Vendor field, select the credit card vendor (company).
• In the Credit Card Code field, select the applicable credit card code to retrieve all transactions that have been entered for that credit card.
• In the Statement Balance field, enter the credit card statement balance.
• Proceed to reconcile the credit card transactions. As charges or returns are selected, the balances and the check amount below are updated.

❏ Click Save as Pending to save and then when finished, click Reconcile. During the reconciliation process in the next month, the payment will be displayed on the Reconciliation tab. After you click Reconcile, a PA is created for the credit card vendor.

Expenditure: