A transaction is often valid for multiple periods. For example, you pay rent biannually on a building. The invoice for the rent expense paid in January can be carried over to subsequent months to explain the balance. You use the Copy Transactions function to copy transactions from a prior month.
To copy transactions from a prior reconciliation:
- From the Home page, click Reconciliations.
- Select Reconciliations, and then open a reconciliation with the status Open with Preparer for which you are the preparer.
- Select the Explained Balance tab, and then click (Copy Transactions from Prior Reconciliation).
- Select the transactions and then click Copy.