Reconcile Accounts: Show memo
I have a number of client who need to reconcile large volumes of transactions (i.e. that are imported from front end systems). It would be really useful for these clients to be able to have the "memo" field for each line entry (not just the card name) also showing in the bank reconciliation screen. The workaround is to print a customised report with the information on it and then they try and cross check to the screen - its a bit painful. This could possibly be an optional feature in the setup/preferences area? Anyone else in a similar situation and think this would be useful? "Memo field in Bank Reconciliation Screen"3.7KViews16likes2Comments
Get Statement: Allocate multiple lines using Add Transaction
When importing a statement from the bank - or - from the PayPal site, we find that we have many items - eg PayPal fees that we need to reconcile on a per transaction basis. This forces us to select each item - PayPal fee - assign it to the Expense Account - PayPal fee and then do the same again - for the next item - again PayPal fee. The same happens when you receive income - PayPal sale. So if we have 300 sales in a month - we have to select each sale - and assign it to the Sales account - around 900 mouse clicks - 1 mouse click to select the Sale, 1 mouse click to assign the sale to the sales account, 1 mouse click to complete the assignment - total number of clicks 3 - for the 1 x sale. As each sale - has a PayPal fee - the same number of clicks - 900 - needs to be made for the PayPal fee incurred for the sale. So for the month you will incur 1800 - mouse clicks to complete my reconciliation for PayPal. What would be ideal - is to be able to flag all of my PayPal fees - 300 - with one click at the top of the screen, and assign them all to the PayPal expense account - 2 clicks and complete. The same to occur - when PayPal sales - 300 of these - one click to select them all - and a second click to assign them to the Sales - Online - account. 4 clicks and I am reconciled.. Makes better sense to me.. "Multiple Expense or Income items - Reconciliation"4.4KViews3likes7Comments