Copying Transactions from Prior Reconciliation

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:

  1. From the Home page, click Reconciliations.
  2. Select Reconciliations, and then open a reconciliation with the status Open with Preparer for which you are the preparer.
  3. Select the Explained Balance tab, and then click Copy Transactions from Prior Reconciliation. (Copy Transactions from Prior Reconciliation).
  4. Select the transactions and then click Copy.