First Bank Reconcile on Powerchurch

CCSBA · Post by **CCSBA** » Wed May 10, 2006 1:19 pm

I have Powerchurch 9+. I am attempting my first month reconcile. How do I put in outstanding checks from th previous month? Or is there a different adjustment that I need to make? My balance sheet numbers are good and I have put in all the month entries, but I cannot get a good reconcile. Any suggestions?

Post by **Jeff** » Wed May 10, 2006 9:56 pm

During the accounting setup assistant it asked you for a list of outstanding checks, did you enter them there? If you did, they should be showing on the bank reconciliation screen in PowerChurch.

If you did not enter them during the assistant, there is not really a way to enter them now. You will have to manually reconcile them and hope they all clear in the next month. To manually reconcile, the amount you are off in PC+ should be the total of your outstanding checks from before you started using PC+.

Matt · Post by **Matt** » Wed May 10, 2006 10:23 pm

I have the same question Jeff has. I would also like to add for other readers of this post that have not set up Fund Accounting in PC+ yet but are about to that it is critical to first reconcile your checking account balance to your last bank statement balance and load this checking account balance plus all of the outstanding checks and deposits since the last bank statement when setting up your accounting using the Accounting Setup Assistant.

CCSBA · Post by **CCSBA** » Thu May 11, 2006 9:30 am

Thank you for the information! I am so very grateful for you for answering my questions so I can go forward!
Our association had a trained consultant come in to set up Powerchurch for us, but she never got to the place where she asked about outstanding checks, so she never put them in. She set up all of our accounts and we have LOTS of accounts, but I am so glad that you all are here for me to ask questions.