*Warning: NEW CLIENTS ONLY for ongoing daily, weekly or End of Month reconciliations click here.

After all opening balances, unpresented cheques and any bank adjustments have been logged against the corresponding listings and ledgers in your new Agentbox Sales Trust module, you are required to perform an initial reconciliation in order to verify the opening balance in your new Agentbox Sales Trust module which should equal the closing balance from the last reconciliation performed in your previous system.
 

*Warning: Ensure you have performed a final reconciliation in your previous software, watched the Existing Trust Account / Current Balance video and completed the Initial Setup Checklist before continuing.
 

1. Select Transactions, Reconciliation and then Reconcile Transactions

2. Select the Trust Account from the Trust Account drop-down
 

3. Enter the Statement Opening and Closing dates and Closing Balance, this balance should reflect the same balance that was used in your final reconciliation in your existing system. Click Next

4.        1. Go through the list and tick each opening balance transaction you entered in the previous steps to mark it as Presented as these amounts are already in your bank account.

2. Leave any unpresented cheques unticked

3. Once all necessary transactions have been ticked as Presented, the Adjusted Bank Balance Difference should be 0.00 and highlighted green. If this figure is not 0.00 (and highlighted red) then there is a discrepancy between the balances you have entered and the closing balance from your bank statement. Once you have balanced you will be able to click Reconcile & Rollover.

Audit reports for that period will be printed and all balances should be $0. If they are $0 you may discard. If the reports do not load please ensure Pop Ups are enabled. 

*Note: IBD Balances Report does not print automatically as part of the reconciliation process. We recommend you run the IBD Balance Report for IBD transactions as part of your initial and month end process.