The Reconcile OFX Statements window lets you choose whether to reconcile amounts for the individual receipts that make up deposits, or reconcile deposit totals. The method you choose applies to all the deposits in the current reconciliation.
You should select the method that is consistent with the presentation of deposits on your bank statement. Select:
- Transaction to reconcile each receipt or receipt-related amount.
If your bank statement does not include details of individual receipts, do not select Receipt because the Reconcile OFX Statements function will not be able to match receipt amounts automatically to amounts on the bank statement.
- DepositSlip to reconcile one amount for each deposit slip. While reconciling by deposit amount is generally faster, if there was a keying error or some other problem that caused the bank to report a different deposit amount than you recorded in Sage HRMS Payroll, you will have to reconcile each receipt amount manually.