Perform daily or "soft" reconciliations

How you perform daily, or "soft", reconciliations depends on how you’re reconciling (manually, with an import file, or with a bank feed).

Manually

If you're not using an import file or bank feed to reconcile, you can manually match (clear) transactions and create additional transactions as needed throughout the month. After you clear a transaction, Sage Intacct automatically saves your progress if you navigate away from the account reconciliation page.

When the Amount to reconcile is zero, and with the appropriate permissions, to finalize the reconciliation select Reconcile.

With an import file

Perform a soft reconciliation by importing multiple files throughout the month as new transactions become available from your bank. However, make sure only to upload the new transactions to avoid duplicate transactions. Transactions automatically match based on the account's applied rule set. You can then manually match remaining transactions and create additional transactions to bring the Amount to reconcile to zero.

When the Amount to reconcile is zero, and with the appropriate permissions, finalize the reconciliation by selecting Reconcile.

If the account you're reconciling is connected to a bank feed, importing a CSV or QIF file using the classic file import experience unmatches and removes unreconciled bank feed transactions. Use Bank transaction assistant file import to import transactions without unmatching or removing bank feed transactions during reconciliation.

With a bank feed

Bank feeds enable you to perform soft reconciliations each time transactions download into Intacct. When a bank feed downloads, the rule set runs on the account and matches as many transactions for reconciliation as possible.

After bank transactions arrive in Sage Intacct, manually match remaining transactions and create additional transactions as needed.

When the Amount to reconcile is zero, and with the appropriate permissions, finalize the reconciliation by selecting Reconcile.