I am just following up on this morning’s email from Patricia in Churchboro regarding the bank reconciliation. At present, in order to enter a bank payment on Bullet, Patricia clicks on Money Out>Add bill/expense. When she adds the relevant bill/expense, she marks it as paid in order to record the cheque payment. This payment then appears in the list of Bullet transactions and the bank nominal account ledger. However, when she goes to reconcile the bank, a message appears stating that there are no unreconciled transactions.
I had a look at the account, and it seems that no transactions have been imported. In general, when you login to your bank account online, there’s a facility to export your bank statement (usually in CSV format). These CSV files can be imported into Bullet against the bank accounts, and after the import has been done, they imported transactions can be reconciled against what’s recorded in Bullet.
Patricia is recording the payments correctly, but in order to do a bank reconciliation, a CSV import of the bank statement needs to be done. If your online bank doesn’t have an export feature, you can create your own CSV file in Excel and enter the bank transactions manually and then import that file. Unfortunately, most of the Irish banks don’t have an export facility (especially for business accounts), so creating your own CSV file is sometimes the only way.
I hope this helps, and let us know if you need help importing the bank statement file.