/
Reconcile sweep account transactions (UK only)

Reconcile sweep account transactions (UK only)

Owned by Nicky Minnock
Last updated: Jul 18, 2022 by Fiona Hardy
1 min read

This guide has been reviewed against our global client base and classed as relevant to UK only

This page explains how to reconcile sweep account bank transactions

1. Sweep account transfer option

After importing the bank statement, access Bank Reconciliation

From Statement Items:

  • Right-click over the sweep account transaction from the imported statement

  • Select Sweep account transfer

2. Confirm transaction

  • Click Yes



3. Finalise the reconciliation

  • Click Post to finalise

This removes the sweep transaction from the bank reconciliation and adjust the client account balance accordingly

Related articles

 

Related content

Accounts
Accounts
Knowledge Base
Read with this
Bank Reconciliation - daily process
Bank Reconciliation - daily process
Knowledge Base
More like this
Bank reconciliation (block management)
Bank reconciliation (block management)
Knowledge Base
More like this
Reconcile bank interest
Reconcile bank interest
Knowledge Base
More like this
Reconcile a single bank statement line to multiple payment out lines
Reconcile a single bank statement line to multiple payment out lines
Knowledge Base
More like this
Reconcile bank charges
Reconcile bank charges
Knowledge Base
More like this