hi I'm Aimee from Razor Accounting the sharp solution for your finances in this video
I'm going to show you what to do if you accidentally delete a transaction from
your bank account in a period that you've already reconciled so I'm just
going to open up my bank account right now to show you what it looks like when
the transactions are reconciled so I'm just going to go up to the top menu here
and click on reports go down to where it says accounting and taxes select the
trial balance and I'm just going to open up the transactions for the Bank of
America so I'm just going to click on the balance here so when the
transactions have been reconciled when the bank reconciliation is to completed
you'll see these little check marks here next to the transactions so I know that
these have all been included in the bank reconciliation now say I was to for some
reason go in here and accidentally delete a transaction so maybe I'll just
take this one out I'm going to double click on that click Edit transaction I'm
just going to close this window here and then I'm going to go elite and yes it
did give me a warning saying are you sure you want to delete a reconciled
transaction and I agreed to that so now my bank is no longer reconciled it's not
going to balance anymore and the reconciliation that I have printed and
saved on my computer is no good because it doesn't balance so there's a couple
things that you can do to fix this the first thing you can do is just exit up
here go to your home screen click on wreck
so and when the window opens app you can click on undo last reconciliation and
then you're going to have to say yes continue and I'm going to close the
window and I'm going to go back in here and I'm just going to check to make sure
that that reconciliation has been deleted so all the checkmarks are out of
this little clear box which means the reconciliation has been undone so what
you need to do now is just add back in that journal entry to make everything
balanced again so hopefully you wrote a town or you
know what it is or you can go back to your bank statement and go ahead and add
it in so I'm just gonna go ahead and go down to my general journal and add that
back in so start with a date put in there correctly put in the bank account
Bank of America so it was a credit of a dollar 50 for a service charge and then
I'm going to put in the expense here.thank service charges and then save
and close at the bottom here now I'm just going to exit up here so what you
want to do is go into the bank reconciliation module and
you're gonna have to do the bank reconciliation all over again so make
sure you have your correct ending balance the date go ahead and click on
continue and you can pretty much just check everything off so just take
everything off because you haven't made any other changes and then your bank
reconciliation should balance there should be no difference there should say
zero and then just click reconcile now
I'm just going to click close because I've already printed this bank
reconciliation I don't need to do it again okay so there's another way of
doing this say if you've reconciled your bank and then you've deleted a journal
entry going back like a few bank reconciliations and you don't want to
undo all of them you're not super worried about what your reports look
like you can do it this way so I'm going to go into my reports again and I'm
going to delete that team journal entry to show you a new way of doing this so
I'm going into the trial balance I'm going to go back into the bank of
America and I'm going to delete this dollar 50 service charge again so I'm
going to click Edit and I'm going to delete it so now
my bank reconciliation is out by a dollar fifty so instead of redoing the
whole thing again I'm just going to exit about these windows you can do it a
different way it's not going to give you a really nice report but it is going to
get your bank back in balance so what you want to do is go into company make
general journal entries enter in the transaction click OK save and close and
then go in to reconcile so you're going to reconcile that same bank
reconciliation period again just adding in that transaction so make sure your
statement date agrees to the period that you're reconciling and as you can see
the beginning balance has now changed so maybe my ending balance should have been
negative twelve hundred and fifty one dollars and fifty cents if I didn't
delete the transaction so you can see that the dollar fifty is missing out of
this amount so all of my beginning balances going forward would be out by
dollar fifty so the beginning balance is wrong now which is fine we're not going
to worry about that I'm just going to change the ending balance to what it
should be so twelve fifty one fifty and then I'm going to click on continue and
that one Bank direct transaction that I entered
is sitting there and I'm just gonna click on it and now we can see there's
no difference this is the clerk posing balance that I wanted to have for this
period twelve fifty one fifty that's what it had before I deleted the
transaction and I'm gonna just click on reconcile now and if you want to you can
print a new bank reconciliation it's only gonna have that one transaction in
it I'm not going to I'm just gonna X out and now your bank will be back in
balance without undoing all the previous bank reconciliations so that's it for
correcting a bank reconciliation when you've deleted an entry by accident if
you do have any questions about this please leave me a comment and I'll be
sure to answer it as quickly as I can and if you did enjoy this video if you
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you