You are here: 2. General Ledger > 2.4. GL TRANSACTIONS Menu: Posting Transactions > 2.4.4. GL Transactions - Bank Reconciliation > 2.4.4.6. Bank Reconciliation - Edit Menu Options > Bank Reconciliation - Edit - Enable Consolidating
Bank Reconciliation - Edit - Enable Consolidating

By default, transactions entered in MGL with the same transaction reference number are consolidated in the Bank Reconciliation screen. MDS operators can also select to consolidate entries when they are printing the bank deposit slip in Debtor Banking (for more information, refer to "Printing the Bank Deposit Slip"). Use this option to turn consolidation of entries on or off.

  1. Display the Bank Reconciliation screen for the bank account you want to reconcile.

Refer to "Selecting the Bank Account to Reconcile".

  1. Select EDIT | ENABLE CONSOLIDATING.

 

Technical Tip

This menu option toggles consolidation on and off. A tick appears next to the menu option when consolidation is toggled on. In that case, choosing this menu option removes the tick and toggles consolidation off.

When you turn consolidation on, Micronet displays the Bank Reconciliation screen with an asterisk next to any consolidated entries.

When you turn consolidation off, Micronet displays the Bank Reconciliation screen listing all consolidated entries individually.