Release 19/03/25 – New Reversal Process: Unreconcile

In this release, we have created a new reversal process that will allow users to reverse the reconciliation of an Expedient transaction with a Statement line.

In the Bank Reconciliation screen, users tag Expedient transactions against loaded Statement Lines to reconcile real-world transactions and Expedient transactions. This enhancement will allow users to ‘undo’ this reconciliation for users to re-reconcile or even reverse the transaction.

How it works

Like other reversal processes, users can grant specific user permissions to allow access to this function in the User Masterfile (Administration -> Corporate -> Users Masterfile), under User Options. Simply tick the code: UNRECONCILE for each user you would like to give permission to.

Once you have permission, you can unreconcile either a single payment or receipt that has been reconciled or an entire statement line’s tagged and reconciled transactions.

How to Unreconcile a Single Payment or Receipt

1. Go to the Payment or Receipt Enquiry screen (Finance -> Banking -> Enquiry -> Payments & Receipts Enquiry)
2. Enter FIND mode and search for the reconciled transaction
   1. These transactions will have the Reconciled flag ticked
3. Select the Unreconcile button in the toolbar
   1. If this button is greyed out and disabled, hover your mouse cursor over it to see the reason it is disabled
4. Select the YES button to confirm and unreconcile

How to Unreconcile all transactions against a statement line

1. Go to the Query Posted Items screen
2. Enter FIND mode and search for the reconciled statement
3. Select the Unreconcile button in the toolbar
   1. This will open a modal allowing you to choose which transaction against the statement to unreconcile
   2. Ensure all the transactions you would like unreconciled are ticked
4. Select the ‘Unreconcile’ button

What happens when a transaction is unreconciled?

When a transaction is unreconciled, the following happens:

• The ‘Reconciled’ flag found in the Payments or Receipts Enquiry screen becomes unticked
• The Bank Reconciliation screen’s ‘Unreconciled Amount’ and ‘Not Entered’ Amount is recalculated
• The statement line of the transaction is reinstated
  • Note: if there were more than one transaction against the statement and not all are unreconciled, only the amounts unreconciled will affect the reinstated statement line