After importing a bank statement into AccountsPrep, you need to code your transactions and allocate them to the ledger accounts from the Unposted tab.
How to access the unposted statement entries
There are many ways you can access the unposted bank entries in the bank statement reconciliation window:
From Bank > Bank statements > select bank > Unposted tab
From Bank > Bank statements > select bank > direct link from the button "lines waiting to be coded"
From Bank > Bank reconciliations > select bank >direct link from the button "lines unposted"
Posting
Once you are in the unposted tab, you can edit and code the transactions:
You can add a Reference, select and Account and Tax code by double-clicking within the relevant column which will open up your options.
You can also add an analysis tag if you wish to categorise your entries.
You can mark multiple lines and double-click the top selected line to assign the same code to all marked lines.
📌TIP: You can fast code your transactions.
Once you’ve coded the desired transactions, select them using the check boxes and click the green button Post (x lines ready) at the bottom.
Select and Match
You can also match the entries with the following methods:
The Transfer button allows you to process bulk transfers between internal accounts.
The Cheques button allows you to match/reconcile transactions with Cheques already imported using the cheque function.
The Deposits button allows you to match/reconcile transactions with Deposits.
Line items actions
The Transfer button allows you to match transfer transactions with the other bank account statement and avoid duplication.
The Split button allows you to split a transaction across multiple nominal and VAT codes.
