Daily Reconciliations are a great tool to ensure that your account is balanced at all times.
Daily reconciliations allow you to reconcile one or a few days at a time. This can be helpful in Property Management and there can be hundreds of transactions within a day depending on your rent roll.
To create a daily reconciliation:
- Go to Financials > Reconciliations
- Select Create Daily Reconciliation
- Enter your closing balance
- Click Create Reconciliation
For more information about Monthly Reconciliations, please view: Monthly Reconciliations