 Finish it you reconciled this account whoo-hoo to see the report. Let's say, okay, let's check out the report So let's go then so let's go then to the summary information up top and then we've got our Reconciliation if I go into the reconciliation here is our report now The point is notice that the layout of the report is it looks a little bit different than some of the other reports and that's in part because This report is not constructed the same way as the other reports The other reports are being constructed as we do the data input as we enter these forms Like in a same in a similar fashion as we have seen with the balance sheet Even the subsidiary reports are still being constructed as we do the data input This report is being constructed by us comparing our data input to the bank statement and notice it can't be a report that can just change in the same way as As an other report like a balance sheet report because if I was to go back and delete a transaction That I did in the past it would throw off the bank reconciliation, right? So so this is a report that's really it's kind of static in time And that that's one of the reasons that might draw up or be pulled up a little bit differently Now they've kind of adjusted the look and feel of the report a little bit over time So now they've got this kind of summary up top and then the details down below. So let's just Recap what we have here first. We've got the summary information. This is the statement beginning balance This comes from the bank statement boom just recapping the data This is the checks and payments that have cleared the 1 1 1 8 29 if we checked everything off as it should That should also match the bank statement. These are the deposits that cleared once again If we did it correctly then generally that will match What is on the bank statement for all the increases to the bank statement? And then we have the statement ending balance, which is the ending balance on the bank statement So this is just recapping what we already knew on the bank statement So that's not really what I would call the bank reconciliation The bank reconciliation starts in essence here at the statement balance and then we've got the difference between that and the register So here's the unclear transactions. That's really what we're looking for to get us to the register balance So obviously the 61 241 85 if I pull up the trusty calculator to do some trusty calculations and We're gonna say I squished the calculator That's too squished. It's gonna be 6124 1.85 plus 2740 3.4 that gets us to the 88 645 25. There's the 88 645 25 on the balance sheet. So that's the reconciliation So this little piece right here. That's the whole reconciliation to me. However, well, I'm missing a Fundamental component, which is this component. It's all squished together in one number What I want to know is what makes up that 2740 340 I mean if I was an auditor, for example, and you gave me this summary component and that's all you gave me Then it's like, oh great. What did you do? You told me? Yeah, this is the balance on the bank statement and This is the balance on the books Which I can see and then you just said the difference is made up by 27 40 403 40 Well, great. You subtracted the two you're not telling me anything, right? What what are those differences? I need to be able to see what those differences are And that's why you need the detail down below this down here unclear transactions after this is not really necessary for the bank reconciliation as of 131 23 so again It's kind of they give you a lot more information than you really need These three numbers are what you need and then you need the detail for that 27 403 40 So down below you've got the detail checks and payments that have cleared This is just going to basically match what has cleared on The bank statement, so that's not really what we're looking for so much because we already have it It's kind of redundant. These are the deposits that have cleared again That's on the bank statement. So it's kind of redundant. So okay, that's good Uh, and then we have the unclear checks and payments. This is what we're looking for This is going to be the the items that we have not yet cleared. They're in our books But they're not in the system again. I can double check even though these didn't clear in january They might clear in february and because we did the bank reconciliation sometime in march most likely Because we didn't get the bank statement till sometime in march We can then see if they did clear and if they did clear then I have good verification that these are legitimate timing different transactions And then down here. We've got the unclear Uh deposit that's the the deposit side that wasn't cleared. So that means that this 34 0207 250 minus the 6669 point one Is the 27 403 there's the difference So it's a pretty still pretty long kind of convoluted Report to get to to get to the area that we want to get to but that's the general idea on the report now note That you might want to print out these reports if you have these timing differences Because then it's nice to have a hard copy because if someone went in here and they deleted a check Or they deleted one of the unclear transactions or something like that then It's going to mess up your your your bookkeeping system. That's why you would want to close the books After you've done the bank reconciliation or something like that or be very careful Of of adjusting anything after doing the bank reconciliation to a prior period so Sometimes if you have a hard copy Then you can you can go back in and fix things It's the bank rex are one of those reports that if you have multiple bank rex Sometimes it's harder to go back into the past and pull the prior bank rex up And so we'll see, you know, how they how they stored the bank rex when we get to After we do the second bankrupt reconciliation that we'll do Now notice in here where the bank rex are located. So I'm not under the the reports right now. I'm in accounting and then I'm in The so we have the chart of accounts We've got the reconciliation and then I'm in the bank register in the reconciliation summary I believe you can find the reconciliations in the reports as well so if I was to go to the drop down and go to the The reports on the left hand side and you could type in You know bank reconciliation. I think it's just reconciliation. They call it reconciliation reports Or I believe they're down here I think they put them under the accounting For your accountant reports. So let's just check them out For my accountant. You've got your reconciliation report. So this is another way you can go in here