Changing a Reconciled Transaction
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There may be times when you need to update a transaction that has already been reconciled. The steps for making that update vary depending on which information needs to be changed.
If the Category, Memo, or Details fields need to be changed, this is easily done by simply editing the transaction.
Click Banking in the sidebar.
Click Actions to the right of the bank account.
Choose View Register from the dropdown.
Click the Details button to the right of the transaction that needs to be edited.
Make necessary changes and click Save & Close.
To change the Check #/Reference, Date, Paid To, or Amount, you first need to unreconcile the account back to the month that includes the transaction.
Note: It’s helpful to print the Reconciliation Reports prior to undoing the reconciliations. Having these handy makes it easy to re-reconcile.
To undo reconciliations:
Click Banking in the sidebar.
Click Actions to the right of the bank account.
Choose Reconcile from the dropdown.
The Reconciliation History will show in this screen. Click the orange Undo Reconciliation button to the right of the most recent (top) reconciliation.
If there are any reconciliations already in progress they’ll need to be cleared first by clicking Continue, then Discard the Reconciliation.
Click Undo Reconciliation again to confirm.
The orange Undo Reconciliation button is only available on the most recent (top) reconciliation. Continue to clear the reconciliations back to the point where the entry that needs to be changed is located.
Now the transaction can be changed:
Click Banking in the sidebar.
Click Actions to the right of the bank account.
Choose View Register from the dropdown.
Click the Details button to the right of the transaction that needs to be changed.
Make changes and click Save & Close.
Finally, re-reconcile the account:
Click Banking in the sidebar.
Click the Actions dropdown menu to the right of the bank account.
Choose Reconcile from the dropdown.
Click Begin Reconciliation.
Step thru the reconciliation process for each month, using the printed Reconciliation Reports as a guide.
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Connect your Bank, Square and PayPal accounts to MoneyMinder PRO to directly download transactions, saving you time and effort. You just review the transactions to ensure they are properly categorized and fill out any required fields.